CME butter futures settled at $2.53/lb, marking a fresh 60-day high, fueled by unexpectedly strong retail sales data for dairy products. Analysts advise watching inventory levels at major processors for clues on sustainability. Colin Jost is opening up about a rare aspect of his relationship with S carlett Johansson . Butter futures markets reflected heightened volatility this morning as traders reacted to stronger-than-expected wholesale price index data. Spot prices nudged upward, hinting at possible spillover effects into futures contracts, particularly for late summer delivery. Butter futures prices have moved into a consolidation phase, trading between $2.45 and $2.50/lb. Technical traders see this range as a potential launchpad for a breakout if weekly dairy auction prices extend their uptrend.
Return this item within 90 days of purchase.
Get an immediate answer with AI
AI-generated from the text of manufacturer documentation. To verify or get additional information, please contact The Home Depot customer service.