Butter Market: CME Grade AA Butter

Trading Details For CME Traded AA Butter

2015 Butter Trading2014 Butter Trading 2013 Butter Trading 2012 Butter Trading

 

June 2016

Date Butter
Closing Price
Carloads Sold Sold on Bids or Offers    Unfilled Bids Unfilled Offers     
June 20 - 24 $2.3580 AVG 35      
June 24 $2.3450 4

2 truckloads @ $2.3500(O)
1 truckload @ $2.3475(O)
1 truckload @ $2.3450(O)

1 truckload @ $2.3000 None
June 23 $2.3600 0

None

2 truckloads @ $2.3500 2 truckloads @ $2.3700
June 22 $2.3600 8

2 truckloads @ $2.3400(B)
2 truckloads @ $2.3500(B)
1 truckload @ $2.3450(B)
1 truckload @ $2.3550(B)
2 truckloads @ $2.3600(B)

1 truckload @ $2.3500 None
June 21 $2.3600 0

None

None 1 truckload @ $2.3600
June 20 $2.3650 1

1truckload @ $2.3650(O)

1 truckload @ $2.3650 2 truckloads @ $2.3800
June 13 - 17 $2.3105 AVG 35      
June 17 $2.3675 17

10 truckloads @ $2.3450(B)
2 truckloads @ $2.3800(O)
1 truckload @ $2.3425(B)
1 truckload @ $2.3500(B)
1 truckload @ $2.3650(B)
1 truckload @ $2.3750(O)
1truckload @ $2.3600(O)

1 truckload @ $2.3675 1 truckload @ $2.3750
June 16 $2.3400 6 2 truckloads @ $2.3575(B)
1 truckload @ $2.3400(B)
2 truckloads @ $2.3375(B)
1 truckload @ $2.3300(O)
2 truckloads @ $2.3300 1 truckload @ $2.3800
June 15 $2.3550 2 1 truckload @ $2.3550(B)
1 truckload @ $2.3000(B)
None None
June 14 $2.2725 0 None 1 truckload @ $2.2725 None
June 13 $2.2175 0 None 1 truckload @ $2.2175 1 truckload @ $2.2500
June 6 - 10 $2.1745 AVG 2      
June 10 $2.2000 1 1 truckload @ $2.2000(O) None None
June 9 $2.2200 0 None 1 truckload @ $2.2200 None
June 8 $2.1725 1 1 truckload @ $2.1800(B) None 1 truckload @ $2.1725
June 7 $2.1400 0 None None None
June 6 $2.1400 0 None 1 truckload @ $2.1400 None
May 30-
June 3
$2.08625 AVG 3      
June 3 $2.1000 0 None None 1 truckload @ $2.1900
June 2 $2.1000 1 1 truckload @ $2.1000(B) 1 truckload @ $2.1000 2 truckloads @ $2.1500
June 1 $2.0725 0 None 1 truckload @ $2.0725 None
May 31 $2.0725 2 1 truckload @ $2.0750(B)
1 truckload @ $2.0725(O)
1 truckload @ $2.0600 1 truckload @ $2.0750

May 30     No Trading None 2 truckloads @ $2.0650

Butter Price news

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

Definitions:

1 truckload = A carload of butter may vary in weight between 40,000 and 43,000 pounds
of Grade AA Butter

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

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