$307.00
-0.25[-0.08%]
as of 2024-05-08
What is cash-settled butter?
Cash-settled butter refers grade AA butter that is cash-settled against the monthly weighted average of the AA butter price released by the National Agricultural Statistics Service.
How much butter is traded in a futures contract?
Cash-settled butter futures traditionally involve 20,000 pounds of grade AA butter.
Where is cash-settled butter traded?
Cash-settled butter is traded on the Chicago Mercantile Exchange.