Butter Market: CME Grade AA Butter
|Carloads Sold||Sold on Bids or Offers||Unfilled Bids||Unfilled Offers|
|October 6||$2.3500||3||1 truckload @ $2.3500(B)
2 truckloads @ $2.3500(O)
|1 truckload @ $2.3400||
|October 5||$2.3500||5||1 truckload @ $2.3800(O)
1 truckload @ $2.3625(O)
3 truckloads @ $2.3500(O)
|1 truckload @ $2.3000||
2 truckloads @ $2.3500
|Sep 28 - Oct 2||AVG: $2.7020||27|
|October 2||$2.5000||11||1 truckload @ $2.6600(O)
1 truckload @ $2.6400(O)
1 truckload @ $2.5000(B)
8 truckloads @ $2.5000(O)
|1 truckload @ $2.4900||
2 truckloads @ $2.5000
3 truckloads @ $2.7000(B)
|1truckloads @ $2.7000||None|
2 truckloads @ $2.7000(O)
|3 truckloads @ $2.5100||None|
1 truckload @ $2.7500(O)
1 truckload @ $3.1250(B)
(O) = Offer based sale (B) = Bid based sale
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