Butter Market: CME Grade AA Butter

2012 Butter Trading

 

May 2013

Date Butter
Closing Price		 Carloads Sold Sold on Bids or Offers    Unfilled Bids Unfilled Offers     
May 24 $1.5500 2

2 truckloads @ $1.5500(O)

 1 truckload @ $1.54750 1 truckload @ $1.5525
May 23 $1.5500 5

2 truckloads @ $1.5500(B)
1 truckload @ $1.5500(O)
1 truckload @ $1.5475(B)
1 truckload @ $1.5450(O)

4 truckloads @ $1.5500 1 truckload @ $1.5575
May 22 $1.5650 6

1 truckload @ $1.5900(B)
1 truckload @ $1.5850(B)
1 truckload @ $1.5800(B)
1 truckload @ $1.5750(B)
1 truckload @ $1.5700(B)
1 truckload @ $1.5650(B)

 1 truckload @ $1.5600 1 truckload @ $1.5700
May 21 $1.5950 0

None

 1 truckload @ $1.5850 1 truckload @ $1.5950
May 20 $1.5950 5

4 truckloads @ $1.6000(O)
1 truckload @ $1.5950(B)

 1 truckload @ $1.5900 1 truckload @ $1.6000
           
May 17 $1.6150 3

2 truckloads @ $1.6150(O)
1 truckload @ $1.6100(O)

 1 truckload @ $1.6100 1 truckload @ $1.6200
May 16 $1.6000 3 1 truckload @ $1.6000(B)
2 truckloads @ $1.6000(O)		 3 truckloads @ $1.6000 1 truckload @ $1.6050
May 15 $1.5950 0 None 1 truckload @ $1.5950 None
May 14 $1.5875 1 1 truckload @ $1.5875(B) 1 truckload @ $1.5825 2 truckloads @ $1.6100
May 13 $1.6100 0 None 1 truckload @ $1.6000 1 truckload @ $1.6100
           
May 10 $1.6100 1 1 truckload @ $1.6100(O) 1 truckload @ $1.6025 2 truckloads @ $1.6200
May 9 $1.6175 4 1 truckload @ $1.6200(B)
3 truckloads @ $1.6175(O)		 2 truckloads @ $1.6175 None
May 8 $1.6300 4 1 truckload @ $1.6375(B)
1 truckload @ $1.6350(B)
1 truckload @ $1.6325(B)
1 truckload @ $1.6300(B)		 1 truckload @ $1.6275 1 truckload @ $1.6350
May 7 $1.6375 5 2 truckloads @ $1.6450(O)
1 truckload @ $1.6400(B)
1 truckload @ $1.6375(B)
1 truckload @ $1.6375(O)		 1 truckload @ $1.6350 1 truckload @ $1.6375
May 6 $1.6450 4 3 truckloads @ $1.6500(B)
1 truckload @ $1.6450(B) 		1 truckload @ $1.6450 4 truckloads @ $1.6500
           
May 3 $1.6500 5 1 truckload @ $1.6550(B)
1 truckload @ $1.6550(O)
1 truckload @ $1.6500(B)
2 truckloads @ $1.6500(O) 		1 truckload @ $1.6500 None
May 2 $1.6850 6 2 truckloads @ $1.6900(B)
2 truckloads @ $1.6900(O)
2 truckloads @ $1.6850(B)
1 truckload @ $1.6750 5 truckloads @ $1.6900
May 1 $1.6900 1 1 truckload @ $1.6900(B)
2 truckloads @ $1.6900 1 truckload @ $1.7000

 

April 2013

Date Butter
Closing Price		 Carloads Sold Sold on Bids or Offers    Unfilled Bids Unfilled Offers     
April 30 $1.6900 1 1 truckload @ $1.6900(B)
2 truckloads @ $1.6900 1 truckload @ $1.7000
April 29 $1.6900 1 1 truckload @ $1.6900(B)
2 truckloads @ $1.6900 None
           
April 26 $1.6900 13 1 truckload @ $1.6925(B)
10 truckloads @ $1.6900(B)
2 truckloads @ $1.6900(O)
 3 truckloads @ $1.6900 None
April 25 $1.6900 2 2 truckloads @ $1.6900(B) 1 truckload @ $1.6850 1 truckload @ $1.7000
April 24 $1.6900 1 1 truckload @ $1.6900(B) 1 truckload @ $1.6800 1 truckload @ $1.7000
April 23 $1.7350 0 None 1 truckload @ $1.7200 1 truckload @ $1.7350
April 22 $1.7700 2 1 truckload @ $1.7775(O)
1 truckload @ $1.7700(O)		 None 1 truckload @ $1.7825
           
April 19 $1.7875 0 None None 1 truckload @ $1.8000
April 18 $1.7875 1 1 truckload @ $1.7825(B) 1 truckload @ $1.7875 1 truckload @ $1.8000
April 17 $1.7800 1 1 truckload @ $1.7800(B) 1 truckload @ $1.7800 2 truckloads @ $1.8000
April 16 $1.7700 1 1 truckload @ $1.7700(B) 1 truckload @ $1.7700 2 truckloads @ $1.8000
April 15 $1.7600 1 1 truckload @ $1.7600(B) 1 truckload @ $1.7550 2 truckloads @ $1.8000
           
April 12 $1.7400 0 None 1 truckload @ $1.7400 1 truckload @ $1.7500
April 11 $1.7350 2 1 truckload @ $1.7350(O)
1 truckload @ $1.7325(O)		 None 1 truckload @ $1.7400
April 10 $1.7325 0 None None 1 truckload @ $1.7500
April 9 $1.7325 1 1 truckload @ $1.7325(B) None 1 truckload @ $1.7500
April 8 $1.7300 0 None 1 truckload @ $1.7300 None
           
April 5 $1.7100 0 None 1 truckload @ $1.7100 1 truckload @ $1.7200
April 4 $1.7000 2 2 truckloads @ $1.7000(O) 2 truckloads @ $1.7000 1 truckload @ $1.6600
April 3 $1.6500 1 1 truckload @ $1.6500(O) 2 truckloads @ $1.6500 1 truckload @ $1.6600
April 2 $1.6325 0 None 1 truckload @ $1.6325 None
April 1 $1.6300 0 None 1 truckload @ $1.6300 None

 

March 2013

Date Butter
Closing Price		 Carloads Sold Sold on Bids or Offers    Unfilled Bids Unfilled Offers     
March 29 No   Trading    
March 28 $1.6300 0 None 1 truckload @ $1.6200 1 truckload @ $1.6300
March 27 $1.6400 1 1 truckload @ $1.6400(O) 1 truckload @ $1.6300 None
March 26 $1.6600 0 None None None
March 25 $1.6600 1 1 truckload @ $1.6600(O) 1 truckload @ $1.6300 2 truckloads @ $1.6650
           
March 22 $1.6950 0 None 1 truckload @ $1.6700 1 truckload @ $1.6950
March 21 $1.7000 0 None None 1 truckload @ $1.7200
March 20 $1.7000 0 None 1 truckload @ $1.7000 2 truckloads @ $1.7200
March 19 $1.7000 2 2 truckloads @ $1.7000(O) 1 truckload @ $1.6700 2 truckloads @ $1.7200
March 18 $1.6600 0 None 1 truckload @ $1.6600 None
           
March 15 $1.6550 0 None 1 truckload @ $1.6550 None
March 14 $1.6400 1 1 truckload @ $1.6400(B) 1 truckload @ $1.6375 1 truckload @ $1.6500
March 13 $1.6300 1 1 truckload @ $1.6300(B) 1 truckload @ $1.6250 None
March 12 $1.6300 0 None 1 truckload @ $1.6300 None
March 11 $1.6300 1 1 truckload @ $1.6300(B) 1 truckload @ $1.6275 1 truckload @ $1.6400
           
March 8 $1.6300 1 1 truckload @ $1.6300(O) 1 truckload @ $1.6200 1 truckload @ $1.6400
March 7 $1.6150 0 None 1 truckload @ $1.6150 None
March 6 $1.6025 0 None 1 truckload @ $1.6025 None
March 5 $1.6000 0 None 1 truckload @ $1.6000 None
March 4 $1.5900 0 None 1 truckload @ $1.5900 None
           
March 1 $1.5750 0 None 1 truckload @ $1.5750 None

 

February 2013

Date Butter
Closing Price		 Carloads Sold Sold on Bids or Offers    Unfilled Bids Unfilled Offers     
February 28 $1.5500 0 None None None
February 27 $1.5500 8 4 truckloads @ $1.5500(B)
4 truckloads @ $1.5500(O)		 2 truckloads @ $1.5500 2 truckloads @ $1.5600
February 26 $1.5500 0 None None 2 truckloads @ $1.5500
February 25 $1.5700 0 None None 1 truckload @ $1.5700
           
February 22 $1.5900 0 None None 1 truckload @ $1.5900
February 21 $1.6000 5 2 truckloads @ $1.6050(B)
1 truckload @ $1.6025(B)
1 truckload @ $1.6000(B)
1 truckload @ $1.6000(O)		 1 truckload @ $1.5975 1 truckload @ $1.6050
February 20 $1.6050 0 None None None
February 19 $1.6050 0 None None None
February 18 No   Trading    
           
February 15 $1.6050 1 1 truckload @ $1.6025(B) 2 truckloads @ $1.6050 1 truckload @ $1.6100
February 14 $1.6025 1 1 truckload @ $1.6025(B) 2 truckloads @ $1.6025 None
February 13 $1.5875 6 2 truckloads @ $1.5775(B)
1 truckload @ $1.5700(B)
1 truckload @ $1.5675(B)
1 truckload @ $1.5625(B)
1 truckload @ $1.5600(B)		 1 truckload @ $1.5875 None
February 12 $1.5550 1 1 truckload @ $1.5550(O) 1 truckload @ $1.5550 None
February 11 $1.5550 0 None None None
           
February 8 $1.5550 2 2 truckloads @ $1.5550(O) 3 truckloads @ $1.5550 None
February 7 $1.5550 0 None None None
February 6 $1.5550 2 2 truckloads @ $1.5550(O) None 2 truckloads @ $1.5600
February 5 $1.5550 0 None None 1 truckload @ $1.5650
February 4 $1.5550 0 None None None
           
February 1 $1.5550 0 None 3 truckloads @ $1.5550 None

 

 

January 2013

Date Butter
Closing Price		 Carloads Sold Sold on Bids or Offers    Unfilled Bids Unfilled Offers     
February 1 $1.5550 0 None 3 truckloads @ $1.5550 None
January 31 $1.5550 0 None 3 truckloads @ $1.5550 None
January 30 $1.5550 11 4 truckloads @ $1.5500(B)
1 truckload @ $1.5475(B)
2 truckloads @ $1.5450B)
2 truckloads @ $1.5225(B)
2 truckloads @ $1.5125B)		 2 truckloads @ $1.5550 None
January 29 $1.5050 1 1 truckload @ $1.5050(O) None None
January 28 $1.5050 0 None 1 truckload @ $1.4400 None
           
January 25 $1.5050 0 None 2 truckloads @ $1.5050 None
January 24 $1.5050 3 1 truckload @ $1.5050(B) 2 truckloads @ $1.5050 None
January 23 $1.5050 3 3 truckloads @ $1.5050(B) 2 truckloads @ $1.5050 1 truckload @ $1.5100
January 22 $1.5050 0 None 1 truckload @ $1.5050 None
January 21 No   Trading    
           
January 18 $1.5050 0 None 5 truckloads @ $1.5050 None
January 17 $1.5000 1 1 truckload @ $1.5000(B) 2 truckloads @ $1.5000 None
January 16 $1.4900 0 None 1 truckload @ $1.4900 None
January 15 $1.4875 4 1 truckload @ $1.4825(B)
2 truckloads @ $1.4800(B)
1 truckload @ $1.4650(B)		 1 truckload @ $1.4875 None
January 14 $1.4600 1 1 truckload @ $1.4550(B) 2 truckloads @ $1.4600 None
           
January 11 $1.4550 3 1 truckload @ $1.4550(B)
1 truckload @ $1.4525(B)
1 truckload @ $1.4500(B)		 1 truckload @ $1.4550 None
January 10 $1.4475 1 1 truckload @ $1.4475(O) None None
January 9 $1.4500 0 None None None
January 8 $1.4500 1 1 truckload @ $1.4500(O) None 1 truckload @ $1.4800
January 7 $1.4850 1 1 truckload @ $1.4850(O) 1 truckload @ $1.4850 None
           
January 4 $1.5000 4 4 truckloads @ $1.4950(O) 2 truckloads @ $1.5000 None
January 3 $1.4950 1 1 truckload @ $1.4950(O) 1 truckload @ $1.4900 None
January 2 $1.4950 0 None None 1 truckload @ $1.4950
January 1     No Trading    
December 31 $1.4975 0 None None 1 truckload @ $1.5050

 

(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