Cheese Market: 2017 CME Cheese Block and Barrel Trading Details

 

February 2017

2017 Block Trading2016 Block Trading 2015 Block Trading • 2014 Block Trading

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
February 23 $1.5575 0 None 1 truckload @ $1.5575 None
February 22 $1.5100 4 1 truckload @ $1.5225 (O)
1 truckload @ $1.5125 (O)
1 truckload @ $1.5100 (O)
1 truckload @ $1.5050 (O)
1 truckload @ $1.5075 1 truckload @ $1.5200
February 21 $1.5300 5 1 truckload @ $1.5525 (O)
1 truckload @ $1.5425 (O)
3 truckloads @ $1.5300 (O)
None 1 truckload @ $1.5400
February 20 NO   TRADING    
Feb 13 -17 $1.5985 AVG 21      
February 17 $1.5800 7 4 truckloads @ $1.5800 (O)
1 truckload @ $1.5700 (O)
2 truckloads @ $1.5600 (O)
1 truckload @ $1.5600 1 truckload @ $1.5900
February 16 $1.5975 3 1 truckload @ $1.6025 (O)
2 truckloads @ $1.6000 (B)
None 1 truckload @ $1.5975
February 15 $1.6050 7 4 truckloads @ $1.6100 (O)
3 truckloads @ $1.6050 (O)
None 1 truckload @ $1.6200
February 14 $1.6100 2 1 truckload @ $1.6100 (O)
1 truckload @ $1.6000 (O)
1 truckload @ $1.6000 1 truckload @ $1.6200
February 13 $1.6000 2 2 truckloads @ $1.6000 (O) None 1 truckload @ $1.6100
Feb 6 - 10 $1.6360 AVG 25      
February 10 $1.6100 4 1 truckload @ $1.6175 (O)
2 truckloads @ $1.6100 (O)
1 truckload @ $1.6075 (O)
1 truckload @ $1.6000 1 truckload @ $1.6200
February 9 $1.6200 8 1 truckload @ $1.6200 (O)
1 truckload @ $1.6100 (O)
6 truckloads @ $1.6000 (O)
3 truckloads @ $1.6000 1 truckload @ $1.6300
February 8 $1.6200 3 1 truckload @ $1.6300 (B)
2 truckloads @ $1.6200 (O)
None 1 truckload @ $1.6300
February 7 $1.6300 7 1 truckload @ $1.6500 (B)
2 truckloads @ $1.6300 (O)
4 truckloads @ $1.6200 (O)
1 truckload @ $1.6250 1 truckload @ $1.6400
February 6 $1.7000 3 1 truckload @ $1.7200 (B)
2 truckloads @ $1.7000 (O)
None 1 truckload @ $1.7000
Jan 30 - Feb 3 $1.7475 AVG 3      
February 3 $1.7400 0 None None 1 truckload @ $1.7400
February 2 $1.8500 1 1 truckload @ $1.8500 (B) None None
February 1 $1.7500 0 None 1 truckload @ $1.7500 None
January 31 $1.7075 1 1 truckload @ $1.6925 (B) 1 truckload @ $1.7075 None
January 30 $1.6900 1 1 truckload @ $1.6900 (B) None None
Jan 23 - 27 $1.6525 AVG 10      

 

Barrels


2017 Barrel Trading2016 Barrel Trading2015 Barrel Trading2014 Barrel Trading

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
February 23 $1.5400 10 9 truckloads @ $1.5700 (O)
1 truckload @ $1.5400 (O)
None 1truckload @ $1.5500
February 22 $1.5700 0 None None 1truckload @ $1.5700
February 21 $1.6000 5 3 truckloads @ $1.6000 (O) None 3 truckloads @ $1.6000
February 20 NO   TRADING    
Feb 13 - 17 $1.6440 AVG 24      
February 17 $1.6200 15 8 truckloads @ $1.6500 (O)
1 truckload @ $1.6375 (O)
1 truckload @ $1.6275 (O)
5 truckloads @ $1.6200 (O)
None 1 truckload @ $1.6200
February 16 $1.6500 4 4 truckloads @ $1.6500 (O) None None
February 15 $1.6500 3 3 truckloads @ $1.6500 (O) 1 truckload @ $1.6400 None
February 14 $1.6500 2 2 truckloads @ $1.6500 (O) None None
February 13 $1.6500 0 None None 1 truckload @ $1.6500
Feb 6 - 10 $1.6790 AVG 25      
February 10 $1.6500 6 6 truckloads @ $1.6500 (O) None None
February 9 $1.6500 5 4 truckloads @ $1.6500 (B)
1 truckload @ $1.6500 (O)
1 truckload @ $1.6500 1 truckload @ $1.6600
February 8 $1.6850 0 None None 2 truckloads @ $1.6850
February 7 $1.7000 10 6 truckload @ $1.7100 (O)
4 truckloads @ $1.7000 (O)
None 1 truckload @ $1.7000
February 6 $1.7100 4 1 truckload @ $1.7100 (B)
3 truckloads @ $1.7075 (B)

None None
Jan 30 - Feb 3 $1.5920 AVG 24      
February 3 $1.7075 8 1 truckload @ $1.7075 (B)
2 truckloads @ $1.7075 (O)
1 truckload @ $1.7050 (B)
1 truckload @ $1.7050 (O)
1 truckload @$1.7025 (B)
1 truckload @ $1.7000 (O)
1 truckload @ $1.6975 (O)
None 1 truckload @ $1.075
February 2 $1.6975 2 1 truckload @ $1.6975 (B)
1 truckload @ $1.5775 (B)
None None
February 1 $1.5775 7 1 truckload @ $1.5775 (B)
2 truckloads @ $1.5125 (B)
2 truckloads @ $1.5125 (O)
1 truckload @ $1.5100 (B)
1 truckload @ $1.5075 (O)
None None
January 31 $1.5175 4 1 truckload @ $1.5175 (B)
1 truckload @ $1.5150 (B)
1 truckload @ $1.5000 (B)
1 truckload @ $1.4850 (B)
1 truckload @ $1.5000 None
January 30 $1.4600 3 1 truckload @ $1.4575 (B)
1 truckload @ $1.4525 (O)
1 truckload @ $1.4600 1 truckload @ $1.4700
Jan 23 - 27 $1.4670 AVG 27      


 

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

Definitions:

1 Carload = A carload of cheese may vary in weight between 40,000 and 44,000 pounds
of 40-pound Cheddar Block or 500-pound Cheddar Barrel

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

Unless specified in a bid or offer, on the date of sale cheese must be not less than four days or more than one month (30 calendar days) of age.

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

To review 2008 and 2009, visit Cheese Price Archives