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Class III Milk Nov '23 (DLX23)
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Contract Specifications

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Contract
Milk Class III
Contract Size
200,000 pounds
Tick Size
0.01 cents per hundredweight ($20.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. Sun-Thur, 5:00p.m. - 1:55p.m. (Settles 1:10p.m.) Fri CST
Exchange
CME
Point Value
$2,000
Margin/Maintenance
$1,485/1,350
First Notice Date
11/28/23
Expiration Date
11/28/23 (expired)

Seasonal Chart

Class III Milk Nov '23
Average Price Chart for 5 Prior Nov Contracts

Commitment of Traders Positions as of Nov 28, 2023

View Chart Details
Commercials - Long / Short
18,956 (+1,182)
9,976 (+818)
Non-Commercials - Long / Short
3,277 (+139)
9,444 (+827)
Producers - Long / Short
12,476 (+789)
5,772 (+683)
Swap Dealers - Long / Short
4,566 (+308)
2,290 (+50)
Managed Money - Long / Short
1,101 (+17)
5,292 (+464)
Other Reportables - Long / Short
2,176 (+122)
4,152 (+363)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
17.05 +0.59%
on 11/08/23
17.54 -2.22%
on 10/30/23
-0.25 (-1.44%)
since 10/27/23
3-Month
16.86 +1.72%
on 09/28/23
19.25 -10.91%
on 09/08/23
-1.41 (-7.60%)
since 08/29/23
52-Week
16.86 +1.72%
on 09/28/23
20.52 -16.42%
on 12/09/22
-2.91 (-14.51%)
since 11/28/22

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The front month lean hog futures fell $0.17 to $1.37 lower across the front months. That limited the weekly move to a net $1.32 gain for Feb hogs. Feb hogs rounded out the month of Nov with a $3.40 loss...

HEZ23 : 68.600s (-0.25%)
HEG24 : 70.100s (-1.92%)
KMZ23 : 81.650s (+1.11%)
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LEZ23 : 169.275s (-0.94%)
LEG24 : 169.125s (-1.57%)
LEJ24 : 171.625s (-1.61%)
LEY00 : 175.000s (unch)
GFF24 : 214.425s (-2.51%)
GFH24 : 217.225s (-2.40%)
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HEZ23 : 68.600s (-0.25%)
HEG24 : 70.100s (-1.92%)
KMZ23 : 81.650s (+1.11%)
Cattle Down again for Friday

Front month live cattle prices are currently $0.90 to $1.52 in the red. The final print of the month left the Feb cattle contract down by a net $12.80 for November, following October’s $7.87 loss. USDA...

LEZ23 : 169.275s (-0.94%)
LEG24 : 169.125s (-1.57%)
LEJ24 : 171.625s (-1.61%)
LEY00 : 175.000s (unch)
GFF24 : 214.425s (-2.51%)
GFH24 : 217.225s (-2.40%)
Buy the Dip?

Grains are softer in the early morning trade as we wade into the last month of the year, but is this a buying opportunity in corn?

Cattle Finished November with $12.80 Loss

The final print of the month left the Feb cattle contract down by a net $12.80, following October’s $7.87 loss. The Thursday session itself also flipped the week’s net move back to red after live cattle...

LEZ23 : 169.275s (-0.94%)
LEG24 : 169.125s (-1.57%)
LEJ24 : 171.625s (-1.61%)
GFF24 : 214.425s (-2.51%)
GFH24 : 217.225s (-2.40%)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 17.15
2nd Resistance Point 17.15
1st Resistance Point 17.15
Last Price 17.15s
1st Support Level 17.15
2nd Support Level 17.15
3rd Support Level 17.15

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52-Week High 20.52
Fibonacci 61.8% 19.12
Fibonacci 50% 18.69
Fibonacci 38.2% 18.26
Last Price 17.15s
52-Week Low 16.86

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