Butter Market: CME Grade AA Butter

Trading Details For CME Traded AA Butter

2015 Butter Trading2014 Butter Trading 2013 Butter Trading 2012 Butter Trading

 

May 2016

Date Butter
Closing Price
Carloads Sold Sold on Bids or Offers    Unfilled Bids Unfilled Offers     
May 25 $2.0800 0 None None 1 truckload @ $2.1000
May 24 $2.0800 1 1 truckload @ $2.0500(B) 1 truckload @ $2.0800 1 truckload @ $2.0900
May 23 $2.0900 3 1 truckload @ $2.0900(B)
2 truckloads @ $2.0900(O)
1 truckload @ $2.0850 None
May 16 - 20 $2.0515 0 None None None
May 20 $2.0700 0 None 1 truckload @ $2.0000 1 truckload @ $2.0375

May 19 $2.0600 0 None 1 truckload @ $2.0600 None
May 18 $2.0525 0 None 1 truckload @ $2.0525 None
May 17 $2.0375 0 None 1 truckload @ $2.0300 1 truckload @ $2.0550

May 16 $2.0375 0 None None 1 truckload @ $2.0450

May 9 - 13 $2.0475 13 None None None
May 13 $2.0375 0 None 1 truckload @ $2.0000 1 truckload @ $2.0375

May 12 $2.0525 0 None 1 truckload @ $2.0000 2 truckloads @ $2.0700
May 11 $2.0525 12 4 truckloads @ $2.0700(B)
3 truckloads @ $2.0650(B)
1 truckload @ $2.0600(O)
1 truckload @ $2.0575(B)
1 truckload @ $2.0550(B)
1 truckload @ @.0550(O)
1 truckload @ $2.0525(O)
None None

May 10 $2.0475 0 None 1 truckload @ $2.0300 None

May 9 $2.0475 1 1 truckload @ $2.0475(O) None None

May 2 - 6 $2.0430 3 None None None
May 6 $2.0500 0 None 1 truckload @ $2.0500 1 truckload @ $2.0500

May 5 $2.0500 1 1 truckload @ $2.0500(O) 1 truckload @ $2.0400 None

May 4 $2.0300 0 None 1 truckload @ $2.0300 None

May 3 $2.0250 1 1 truckload @ $2.0250(B)
None None

May 2 $2.0600 1 1 truckload @ $2.0600(B)
None 1 truckload @ $2.0750

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