Cheese Market: 2017 CME Cheese Barrel Trading Details

2016 Barrel Trading2015 Barrel Trading2014 Barrel Trading

 

February 2017

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
Feb 27 - Mar 3 $1.4760 AVG 21      
February 28 $1.5250 14 3 truckloads @ $1.5250 (B)
1 truckload @ $1.5100 (O)
1 truckload @ $1.5050 (B)
1 truckload @ $1.5000 (O)
1 truckload @$1.4975 (B)
2 truckloads @ $1.4950 (B)
5 truckloads @ $1.4950 (O)
None None
February 27 $1.4875 1 1 truckload @ $1.4875 (O)
1 truckload @ $1.4500 1 truckload @ $1.4900
Feb 21 - 24 $1.55688 AVG 35      
February 24 $1.5175 20 1 truckload @ $1.5350 (O)
1 truckload @ $1.5225 (O)
1 truckload @ $1.5200 (B)
15 truckloads @ $1.5200 (O)
2 truckloads @ $1.5175 (O)
1 truckload @ $1.5100 1 truckload @ $1.5300
February 23 $1.5400 10 9 truckloads @ $1.5700 (O)
1 truckload @ $1.5400 (O)
None 1truckload @ $1.5500
February 22 $1.5700 0 None None 1truckload @ $1.5700
February 21 $1.6000 5 3 truckloads @ $1.6000 (O) None 3 truckloads @ $1.6000
February 20 NO   TRADING    
Feb 13 - 17 $1.6440 AVG 24      
February 17 $1.6200 15 8 truckloads @ $1.6500 (O)
1 truckload @ $1.6375 (O)
1 truckload @ $1.6275 (O)
5 truckloads @ $1.6200 (O)
None 1 truckload @ $1.6200
February 16 $1.6500 4 4 truckloads @ $1.6500 (O) None None
February 15 $1.6500 3 3 truckloads @ $1.6500 (O) 1 truckload @ $1.6400 None
February 14 $1.6500 2 2 truckloads @ $1.6500 (O) None None
February 13 $1.6500 0 None None 1 truckload @ $1.6500
Feb 6 - 10 $1.6790 AVG 25      
February 10 $1.6500 6 6 truckloads @ $1.6500 (O) None None
February 9 $1.6500 5 4 truckloads @ $1.6500 (B)
1 truckload @ $1.6500 (O)
1 truckload @ $1.6500 1 truckload @ $1.6600
February 8 $1.6850 0 None None 2 truckloads @ $1.6850
February 7 $1.7000 10 6 truckload @ $1.7100 (O)
4 truckloads @ $1.7000 (O)
None 1 truckload @ $1.7000
February 6 $1.7100 4 1 truckload @ $1.7100 (B)
3 truckloads @ $1.7075 (B)

None None
Jan 30 - Feb 3 $1.5920 AVG 24      
February 3 $1.7075 8 1 truckload @ $1.7075 (B)
2 truckloads @ $1.7075 (O)
1 truckload @ $1.7050 (B)
1 truckload @ $1.7050 (O)
1 truckload @$1.7025 (B)
1 truckload @ $1.7000 (O)
1 truckload @ $1.6975 (O)
None 1 truckload @ $1.075
February 2 $1.6975 2 1 truckload @ $1.6975 (B)
1 truckload @ $1.5775 (B)
None None
February 1 $1.5775 7 1 truckload @ $1.5775 (B)
2 truckloads @ $1.5125 (B)
2 truckloads @ $1.5125 (O)
1 truckload @ $1.5100 (B)
1 truckload @ $1.5075 (O)
None None

 

 

January CME Barrel Trading


Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
January 31 $1.5175 4 1 truckload @ $1.5175 (B)
1 truckload @ $1.5150 (B)
1 truckload @ $1.5000 (B)
1 truckload @ $1.4850 (B)
1 truckload @ $1.5000 None
January 30 $1.4600 3 1 truckload @ $1.4575 (B)
1 truckload @ $1.4525 (O)
1 truckload @ $1.4600 1 truckload @ $1.4700
Jan 23 - 27 $1.4670 AVG 27      
January 27 $1.4475 3 1 truckload @ $1.4600 (B)
1 truckload @ $1.4500 (O)
1 truckload @ $1.4475 (O)
1 truckload @ $1.4450 1 truckload @ $1.4600
January 26 $1.4475 2 1 truckload @ $1.4500 (O)
1 truckload @ $1.4475 (O)
1 truckload @ $1.4200 1 truckload @ $1.4600
January 25 $1.4600 9 2 truckloads @ $1.4700 (B)
1 truckload @ $1.4700 (O)
1 truckload @ $1.4650 (B)
2 truckloads @ $1.4625 (B)
3 truckloads @ $1.4600 (B)
1 truckload @ $1.4525 1 truckload @ $1.4700
January 24 $1.4800 6 1 truckload @ $1.4900 (O)
1 truckload @ $1.4875 (O)
1 truckload @ $1.4850 (O)
1 truckload @ $1.4825 (B)
1 truckload @ $1.4825 (O)
1 truckload @ $1.4800 (O)
2 truckloads @ $1.4800 1 truckload @ $1.5000
January 23 $1.5000 7 1 truckload @ $1.5575 (B)
1 truckload @ $1.5025 (B)
1 truckload @ $1.5025 (O)
4 truckloads @ $1.5000 (B)
None None
Jan 17 - 20 $1.58688 AVG 19      
January 20 $1.5350 7 1 truckload @ $1.5400 (O)
1 truckload @ $1.5375 (O)
2 truckloads @ $1.5350 (O)
1 truckload @ $1.5300 (O)
1 truckload @ $1.5275 (B)
1 truckload @ $1.5275 (O)
1 truckload @ $1.5300 1 truckload @ $1.5500
January 19 $1.5650 6 1 truckload @ $1.5675 (O)
2 truckloads @ $1.5650 (O)
1 truckload @ $1.5625 (O)
2 truckload @ $1.5600 (O)
1 truckload @ $1.5550 None
January 18 $1.6100 5 1 truckload @ $1.6100 (O)
1 truckload @ $1.6000 (O)
1 truckload @ $1.5900 (O)
1 truckload @ $1.5800 (O)
1 truckload @ $1.5700 (O)
None None
January 17 $1.6375 1 1 truckload @ $1.6450 (B) None 1 truckload @ $1.6375
January 16 NO   TRADING    
Jan 9 - 13 $1.6250 AVG 7      
January 13 $1.6400 0 None None None
January 12 $1.6400 0 None 2 truckloads @ $1.6800 None
January 11 $1.6400 2 1 truckload @ $1.6400 (B)
1 truckload @ $1.6350 (B)
1 truckload @ $1.6350 None
January 10 $1.6300 5 1 truckload @ $1.6300 (B)
1 truckload @ $1.6125 (B)
1 truckload@ $1.6075 (B)
1 truckload @ $1.6050 (B)
1 truckload @ $1.6025 (B)
None None
January 9 $1.5750 0 None None 4 truckloads @ $1.5650
Jan 2 - 6 $1.5900AVG 2      
January 6 $1.5750 0 None None 1 truckload @ $1.5750
January 5 $1.5950 0 None None None
January 4 $1.5950 0 None None None
January 3 $1.5950 2 1 truckload @ $1.6100 (B)
1 truckload @ $1.6000 (O)
None 1 truckload @ $1.5950
January 2 No   Trading    


 

(O) = Offer based sale (B) = Bid based sale

Definitions:

1 Carload = A carload of cheese may vary in weight between 40,000 and 44,000 pounds
of 40-pound Cheddar Block or 500-pound Cheddar Barrel

Sale: A sale represents the price at which both buyer and seller agree.
In other words, a sale represents either a buyer agreeing to the price
of an offer or (an offer-based sale), or a seller agreeing to the price of a bidder (a bid-based sale).

Unfilled bid: Is the unsuccessful attempt by a cheese buyer to purchase cheese at the price they specified.
Uncovered offer: Is the unsuccessful attempt by a cheese seller to sell cheese at the price they specified.

Unless specified in a bid or offer, on the date of sale cheese must be not less than four days or more than one month (30 calendar days) of age.

CME only reports the last unfilled bid and the last uncovered offer during a trading session.

The Closing Price, or Settling Price, is determined by the last sale, unless there is an unfilled bid at a higher price or an uncovered offer at a lower price.

 

Cheese Reporter does not guarantee the accuracy of these data and does not assume liability for errors or omissions

To review 2008 and 2009, visit Cheese Price Archives