Cheese Market: 2017 CME Cheese Block and Barrel Trading Details

2016 Block Trading 2015 Block Trading • 2014 Block Trading

 

February 2017

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
Feb 27 - Mar 3 $1.5065AVG 8      
February 28 $1.5475 1 1 truckload @ $1.5475(B) None 1 truckload @ $1.5500
February 27 $1.5450 1 1 truckload @ $1.5450 (O) None 1 truckload @ $1.5500
Feb 21 - 24 $1.54313 AVG 10      
February 24 $1.5750 1 1 truckload @ $1.5750 (B) None 1 truckload @ $1.5800
February 23 $1.5575 0 None 1 truckload @ $1.5575 None
February 22 $1.5100 4 1 truckload @ $1.5225 (O)
1 truckload @ $1.5125 (O)
1 truckload @ $1.5100 (O)
1 truckload @ $1.5050 (O)
1 truckload @ $1.5075 1 truckload @ $1.5200
February 21 $1.5300 5 1 truckload @ $1.5525 (O)
1 truckload @ $1.5425 (O)
3 truckloads @ $1.5300 (O)
None 1 truckload @ $1.5400
February 20 NO   TRADING    
Feb 13 -17 $1.5985 AVG 21      
February 17 $1.5800 7 4 truckloads @ $1.5800 (O)
1 truckload @ $1.5700 (O)
2 truckloads @ $1.5600 (O)
1 truckload @ $1.5600 1 truckload @ $1.5900
February 16 $1.5975 3 1 truckload @ $1.6025 (O)
2 truckloads @ $1.6000 (B)
None 1 truckload @ $1.5975
February 15 $1.6050 7 4 truckloads @ $1.6100 (O)
3 truckloads @ $1.6050 (O)
None 1 truckload @ $1.6200
February 14 $1.6100 2 1 truckload @ $1.6100 (O)
1 truckload @ $1.6000 (O)
1 truckload @ $1.6000 1 truckload @ $1.6200
February 13 $1.6000 2 2 truckloads @ $1.6000 (O) None 1 truckload @ $1.6100
Feb 6 - 10 $1.6360 AVG 25      
February 10 $1.6100 4 1 truckload @ $1.6175 (O)
2 truckloads @ $1.6100 (O)
1 truckload @ $1.6075 (O)
1 truckload @ $1.6000 1 truckload @ $1.6200
February 9 $1.6200 8 1 truckload @ $1.6200 (O)
1 truckload @ $1.6100 (O)
6 truckloads @ $1.6000 (O)
3 truckloads @ $1.6000 1 truckload @ $1.6300
February 8 $1.6200 3 1 truckload @ $1.6300 (B)
2 truckloads @ $1.6200 (O)
None 1 truckload @ $1.6300
February 7 $1.6300 7 1 truckload @ $1.6500 (B)
2 truckloads @ $1.6300 (O)
4 truckloads @ $1.6200 (O)
1 truckload @ $1.6250 1 truckload @ $1.6400
February 6 $1.7000 3 1 truckload @ $1.7200 (B)
2 truckloads @ $1.7000 (O)
None 1 truckload @ $1.7000
Jan 30 - Feb 3 $1.7475 AVG 3      
February 3 $1.7400 0 None None 1 truckload @ $1.7400
February 2 $1.8500 1 1 truckload @ $1.8500 (B) None None
February 1 $1.7500 0 None 1 truckload @ $1.7500 None

 

January 2017

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
January 31 $1.7075 1 1 truckload @ $1.6925 (B) 1 truckload @ $1.7075 None
January 30 $1.6900 1 1 truckload @ $1.6900 (B) None None
Jan 23 - 27 $1.6525 AVG 10      
January 27 $1.6875 1 1 truckload @ $1.6875 (B) None None
January 26 $1.6450 0 None 1 truckload @ $1.6450 None
January 25 $1.6400 4 1 truckload @ $1.6400 (O)
3 truckloads @ $1.6300 (O)
1 truckload @ $1.6375 1 truckload @ $1.6500
January 24 $1.6400 0 None None 1 truckload @ $1.6400
January 23 $1.6500 5 1 truckload @ $1.6650 (O)
1 truckload @ $1.6500 (O)
1 truckload @ $1.6425 (O)
2 truckloads @ $1.6400 (B)
1 truckload @ $1.6400 1 truckload @ $1.6600
Jan 17 - 20 $1.70375 AVG 18      
January 20 $1.6975 2 1 truckload @ $1.6975 (B)
1 truckload @ $1.6975 (O)
1 truckload @ $1.6975 1 truckload @ $1.700
January 19 $1.7200 9 1 truckload @ $1.7200 (B)
1 truckload @ $1.7100 (B)
1 truckload @ $1.7100 (O)
1 truckload @ $1.7000 (O)
1 truckload @ $1.6900 (O)
1 truckload @ $1.6800 (O)
1 truckload @ $1.6750 (B)
2 truckloads @ $1.6750 (O)
None 1 truckload @ $1.7300
January 18 $1.6925 3 1 truckload @ $1.6925 (B)
1 truckload @ $1.6900 (B)
1 truckload @ $1.6750 (O)
None None
January 17 $1.7050 4 1 truckload @ $1.7250 (B)
1 truckload @ $1.7225 (O)
1 truckload @ $1.7200 (O)
1 truckload @ $1.7050 (O)
1 truckload @ $1.6900 None
January 16 NO   TRADING    
Jan 9 - 13 $1.7200 AVG 5      
January 13 $1.7250 0 None None 1 truckload @ $1.7250
January 12 $1.7500 1 1 truckload @ $1.7500 (B) None None
January 11 $1.7350 0 None 1 truckload @ $1.7350 None
January 10 $1.7200 4 1 truckload @ $1.7200 (B)
1 truckload @ $1.7000 (B)
1 truckload @ $1.7000 (O)
1 truckload @ $1.6900 (B)
1 truckload @ $1.6900 None
January 9 $1.6700 0 None None None
Jan 2 - 6 $1.66438 AVG 6      
January 6 $1.6700 4 1 truckload @ $1.6800 (B)
1 truckload @ $1.6700 (B)
1 truckload @ $1.6600 (B)
1 truckload @ $1.6550 (O)
None 1 truckload @ $1.6700
January 5 $1.6575 1 1 truckload @ $1.6575 (O) None 1 truckload @ $1.6600
January 4 $1.6600 0 None None 1 truckload @ $1.6600
January 3 $1.6700 1 1 truckload @ $1.6700 (B)
2 truckloads @ $1.6600 None
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