The price of butter in the US has surged by 24.6% over the 12 months ending in August, 2022 and has recently reached new all-time highs. The price has continued to trend upward throughout the summer and into fall and is expected to rise further because of a variety of factors.

This question will be resolved with the closing CME butter cash-settled cash price (BDY00) for Friday, December 30, 2022. The closing CME butter cash-settled cash price on October 7, 2022 was $321.750.

Oct 10, 12:09pm: Will the price of butter be at least US$300 per pound on December 30, 2022? → Will the price of butter be at least US$3.00 per pound on December 30, 2022?

Oct 10, 12:10pm: Will the price of butter be at least US$3.00 per pound on December 30, 2022? → Will the price of butter be at least US$300 on December 30, 2022?