Cheese Market: 2017 CME Cheese Block and Barrel Trading Details

2017 Block Trading2016 Block Trading

 

 

January 2018

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
Jan 29 - Feb 2 $1.4635 A 3      
February 2 $1.4625 0

None

1 truckload @ $1.4625 1 truckload @ $1.5000
February 1 $1.4625 0

None

None 1 truckload @ $1.5000
January 31 $1.4625 0

None

None 1 truckload @ $1.5000
1 truckload @ $1.4725
January 30 $1.4625 0

None

1 truckload @ $1.4500 1 truckload @ $1.4900
1 truckload @ $1.4625
January 29 $1.4675 3

2 truckloads @ $1.4725 (O)
1 truckload @ $1.4675 (O)

1 truckload @ $1.4500 1 truckload @ $1.5500
1 truckload @ $1.5000
January 22 -26 $1.5145 A 9      
January 26 $1.4725 0

None

None 1 truckload @ $1.5500
1 truckload @ $1.5000
1 truckload @ $1.4725
January 25 $1.4750 3

1 truckload @ $1.4875 (O)
1 truckload @ $1.4750 (B)
1 truckload @ $1.4750 (O)

None 1 truckload @ $1.5500
January 24 $1.4950 5

1 truckload @ $1.5600 (O)
1 truckload @ $1.5550 (B)
1 truckload @ $1.5325 (B)
1 truckload @ $1.5100 (B)
1 truckload @ $1.4950 (O)

1 truckload @ $1.4750 1 truckload @ $1.6000
1 truckload @ $1.5900
1 truckload @$1.5150
January 23 $1.5600 0

None

None 2 truckloads @ $1.6000
1 truckload @ $1.5925
1 truckload @$1.5600
January 22 $1.5700 1

1 truckload @ $1.5700 (B)

1 truckload @ $1.5450 2 truckloads @ $1.6000
January 15 - 19 $1.52625 A 2      
January 19 $1.5650 1

1 truckload @ $1.5725 (B)

None 1 truckload @ $1.6000
1 truckload @ $1.5650
January 18 $1.5500 1

1 truckload @ $1.5550 (B)

1 truckload @ $1.5150
1 truckload @ $1.4900
1 truckload @ $1.5700
1 truckload @ $1.5500
January 17 $1.5225 0

None

1 truckload @ $1.5225
1 truckload @ $1.5000
None
January 16 $1.4675 0

None

1 truckload @ $1.4675
1 truckload @ $1.4450
None
January 15 NO  

TRADING

   
January 8 - 12 $1.4555 A 6      
January 12 $1.4550 2

1 truckload @ $1.4425 (B)
1 truckload @ $1.4400 (B)

1 truckload @ $1.4550
1 truckload @ $1.4450
1 truckload @ $1.4100
None
January 11 $1.4375 1

1 truckload @ $1.4375 (O)

1 truckload @ $1.4000 1 truckload @ $1.4450
January 10 $1.4400 0

None

1 truckload @ $1.4000 1 truckload @ $1.4400
January 9 $1.4550 3

2 truckloads @ $1.4700 (O)
1 truckload @ $1.4550 (O)

1 truckload @ $1.4500 1 truckload @ $1.4600
January 8 $1.4900 0

None

1 truckload @ $1.4750
1 truckload @ $1.4300
1 truckload @ $1.4900
January 1 - 5 $1.50563 A 4      
January 5 $1.4950 1

1 truckload @ $1.4950 (B)

None 1 truckload @ $1.4975
January 4 1.4950 0

None

1 truckload @ $1.4800 1 truckload @ $1.5200
1 truckload @ $1.4950
January 3 $1.5075 1

1 truckload @ $1.5100 (O)

1 truckload @ $1.5000 1 truckload @ $1.5300
1 truckload @ $1.5175
1 truckload @ $1.5075
January 2 $1.5250 2

1 truckload @ $1.5400 (B)
1 truckload @ $1.5300 (O)

None 1 truckload @ $1.5600
1 truckload @ $1.5500
1 truckload @ $1.5375
1 truckload @ $1.5250
January 1 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