Butter Market: CME Grade AA Butter

Trading Details For CME Traded AA Butter

2015 Butter Trading2014 Butter Trading 2013 Butter Trading 2012 Butter Trading

 

August 2016

Date Butter
Closing Price
Carloads Sold Sold on Bids or Offers    Unfilled Bids Unfilled Offers     
August 30 $2.1100 4

1 truckload @ $2.1100(O)
3 truckloads @ $2.1000(O)

1 truckload @ $2.0800 None
August 29 $2.0575 5

5 truckloads @ $2.0575(B)

1 truckload @ $2.0575 3 truckloads @ $2.0800
August 22 - 26 $2.0900 AVG 9      
August 26 $2.0575 2

1 truckloads @ $2.0675(O)
1 truckload @ $2.0575(B)

1 truckload @ $2.0525 2 truckloads @ $2.1000
August 25 $2.0775 0

None

1 truckload @ $2.0775 1 truckload @ $2.1300
August 24 $2.0775 5

2 truckloads @ $2.1000(B)
1 truckload @ $2.0950(B)
1 truckload @ $2.0750(O)
1 truckload @ $2.0550(O)

1 truckload @ $2.0775 1 truckload @ $2.0800
August 23 $2.1075 0

None

1 truckload @ $2.1000 1 truckload @ $2.1075
August 22 $2.1300 2

1 truckload @ $2.1500(B)
1 truckload @ $2.1300(B)

1 truckload @ $2.0900 1 truckload @ $2.1300
August 15 - 19 $2.2165 AVG 15      
August 19 $2.1900 4

3 truckloads @ $2.1900(B)
1 truckload @ $2.1800(B)

1 truckload @ $2.1825 2 truckloads @ $2.2000
August 18 $2.2000 0

None

1 truckload @ $2.1925 1 truckload @ $2.2000
August 17 $2.2025 7

1 truckload @ $2.2000(O)
1 truckload @ $2.1950(B)
4 truckloads @ $2.0000(B)
1 truckload @ $2.2025(B)

1 truckload @ $2.2000 1 truckload @ $2.2100
August 16 $2.2400 4

3 truckloads @ $2.2800(O)
1 truckload @ $2.2400(O)

None 2 truckloads @ $2.2400
August 15 $2.2500 0

None

2 truckloads @ $2.2500 1 truckload @ $2.2700
August 8 - 12 $2.2430 AVG 2      
August 12 $2.2500 0

None

1 truckload @ $2.2500 None
August 11 $2.2200 0

None

2 truckloads @ $2.2200 None
August 10 $2.2200 1

1 truckload @ $2.2200(O)

None None
August 9 $2.2575 1

1 truckload @ $2.2575(O)

None None
August 8 $2.2675 0

None

None 1 truckload @ $2.2675
August 1 - 5 $2.2180 AVG 16      
August 5 $2.2700 0

None

2 truckloads @ $2.2700 1 truckload @ $2.3100
August 4 $2.2325 0

None

1 truckload @ $2.2325 None
August 3 $2.2225 0

None

1 truckload @ $2.2225 None
August 2 $2.2150 16

1 truckload @ $2.2550(B)
1 truckload @ $2.2500(B)
5 truckloads @ $2.2500(O)
1 truckload @ $2.2400(B)
1 truckload @ $2.2300(B)
1 truckload @ $2.2150(B)
2 truckloads @ $2.2100(B)
1 truckload @ $2.2075(B)
1 truckload @ $2.2025(B)
2 truckloads @ $2.2000(B)

None None
August 1 $2.1500 0

None

1 truckload @ $2.1500 None

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