Cheese Market: CME Cheese Block and Barrel Trading Details

December

 

January - October 2014 Block Trading2013 Block TradingSee 2012 Block Trading2011 Block Trading

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
Dec 15 - 19 AVG: $1.6075 0
December 19 $1.6100 0 None 1 truckload @ $1.6100 None
December 18 $1.6075 0 None None None
December 17 $1.6075 0 None None None
December 16 $1.6075 0 None 1 truckload @ $1.6075 None
December 15 $1.6050 0 None 1 truckload @ $1.6050 None
Dec 8 - 12 AVG: $1.5880 3
December 12 $1.6000 1 1 truckload @ $1.6000 None None
December 11 $1.6000 1 1 truckload @ $1.6000 None None
December 10 $1.5800 0 None 1 truckload @ $1.5800 None
December 9 $1.5800 1 1 truckload @ $1.5800(B)
1 truckload @ $1.5800(O)
None None
December 8 $1.5800 0 None None None
Dec 1 - 5 AVG: $1.6540 1
December 5 $1.5800 2 2 truckload @ $1.5700(O) 1 truckload @ $1.5800 1 truckload @ $1.6000
December 4 $1.6600 1 1 truckload @ $1.6600(B) None None
December 3 $1.6600 0 None None None
December 2 $1.6600 1 1 truckload @ $1.6600(O)
1 truckload @ $1.6600 None
December 1 $1.7100 3 1 truckload @ $1.7100(B)
1 truckload @ $1.6975(B)
1 truckload @ $1.6900(B)
None None

 

 

Barrels


January - October 2014 Barrel Trading2013 Barrel Trading2012 Barrel Trading2011 Barrel Trading

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
Dec 15 - 19 AVG: $1.5760 2
December 19 $1.5500 2 1 truckload @ $1.5900(B)
1 truckload @ $1.5600(B)
1 truckload @ $1.5300 1 truckload @ $1.5500
December 18 $1.5875 0 None None None
December 17 $1.5875 0 None 1 truckload @ $1.5875 None
December 16 $1.5775 0 None None None
December 15 $1.5775 0 None 1 truckload @ $1.5775 None
Dec 8 - 12 AVG: $1.5015 31
December 12 $1.5100 1 1 truckload @ $1.6000 None None
December 11 $1.5100 27 1 truckload @ $1.4700(O)
1 truckload @ $1.4600(O)
1 truckload @ $1.4550(O)
3 truckloads @ $1.4500(B)
20 truckloads @ $1.4500(O)
1 truckload @ $1.4400(B)
1 truckload @ $1.5100 None
December 10 $1.4750 1 1 truckload @ $1.4800(O) 2 truckloads @ $1.4500 1 truckload @ $1.4750
December 9 $1.4900 2 1 truckload @ $1.4900(B)
1 truckload @ $1.4900(O)
1 truckload @ $1.4825 1 truckload @ $1.5000
December 8 $1.5225 0 None None 1 truckload @ $1.5225
Dec 1 - 5 AVG: $1.5830 11
December 5 $1.5500 8 1 truckload @ $1.5500(B)
1 truckload @ $1.5200(O)
1 truckload @ $1.5100(O)
1 truckload @ $1.5000(O)
1 truckload @ $1.4900(O)
1 truckload @ $1.4800(B)
1 truckload @ $1.4700(O)
1 truckload @ $1.4600(O)
None 10 truckloads @ $1.5600*

CME Changed after submitted
December 4 $1.5500 0 None None 1 truckload @ $1.5500
December 3 $1.5800 0 None None 2 truckloads @ $1.5800
December 2 $1.5875 3 1 truckload @ $1.6000(O)
2 truckloads @ $1.5900(O)
None 1 truckload @ $1.5875
December 1 $1.6475 0 None None None

(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