Cheese Market: 2018 CME Cheese Block and Barrel Trading Details

 

May 2018

2017 Block Trading2018 Block Trading


Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
May 14 - 18 $1.6090 A 7      
May 18 1.5825 0

None

2 truckloads @ $1.5825
1 truckload @ $1.5350
None
May 17 $1.5825 2

1 truckload @ $1.5850 (B)
1 truckload @ $1.5825 (O)

1 truckload @ $1.5700
2 truckload @ $1.5400
1 truckload @ $1.6500
1 truckload @ $1.6100
1 truckload @ $1.6000
1 truckload @ $1.5825
May 16 1.6000 4

1 truckload @ $1.6150 (O)
1 truckload @ $1.6000 (B)
1 truckload @ $1.6000 (O)
1 truckload @ $1.5900 (B)

2 truckload @ $1.5000 1 truckload @ $1.6700
1 truckload @ $1.6600
1 truckload @ $1.6200
May 15 1.6400 0

None

None 1 truckload @ $1.6700
1 truckload @ $1.6500
May 14 1.6400 1

1 truckload @ $1.6400 (O)

None 1 truckload @ $1.6575
May 7 - 11 $1.6790 A 8      
May 11 1.6325 4

1 truckload @ $1.6400 (O)
2 truckloads @ $1.6350 (O)
1 truckload @ $1.6325 (B)

None 1 truckload @ $1.6900
1 truckload @ $1.6700
1 truckload @ $1.6600
May 10 1.6650 1

1 truckload @ $1.6675

None 1 truckload @ $1.7200
1 truckload @ $1.7075
1 truckload @ $1.6900
1 truckload @ $1.6650
May 9 1.7025 0

None

None 1 truckload @ $1.7250
May 8 1.7025 2

1 truckload @ $1.6950 (B)
1 truckload @ $1.6875 (O)

1 truckload @ $1.7025
1 truckload @ $1.6800
1 truckload @ $1.7050
May 7 1.6925 1

1 truckload @ $1.7000 (B)

1 truckload @ $1.6900
1 truckload @ $1.6400
1 truckload @ $1.6925
Apr 30 - May 4 $1.6570 A 3      
May 4 1.6650 0

None

None None
May 3 1.6650 0

None

1 truckload @ $1.6250 None
May 2 1.6650 1

1 truckload @ $1.6550 (B)

1 truckload @ $1.6650
2 truckloads @ $1.6400
3 truckloads @ $1.6100
None
May 1 1.6600 2

1 truckload @ $1.6600(O)
1 truckload @ $1.6500 (B)

1 truckload @ $1.6500
1 truckload @ $1.6200
1 truckload @ $1.6175
2 truckloads @ $1.6025
None
April 30 1.6300 0

None

1 truckload @ $1.6300
1 truckload @ $1.6200
1 truckload @ $1.6100
1 truckload @ $1.5500
None

 

Barrels


2017 Barrel Trading2016 Barrel Trading2015 Barrel Trading2014 Barrel Trading

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
May 14 - 18 $1.5695 A 32      
May 18 1.5325 0

None

None 1 truckload @ $1.5500
2 truckloads @ $1.5350
2 truckloads @ $1.5325
May 17 $1.5350 14

3 truckloads @ $1.5800 (O)
1 truckload @ $1.5775 (O)
2 truckloads @ $1.5700 (O)
1 truckload @ $1.5675 (O)
1 truckload @ $1.5525 (O)
2 truckloads @ $1.5450 (O)
1 truckload @ $1.5400 (O)
1 truckload @ $1.5375 (O)
2 truckloads @ $1.5350 (O)

1 truckload @ $1.5225
1 truckload @ $1.5200
2 truckload @ $1.5000
1 truckload @ $1.5700
1 truckload @ $1.5450
May 16 1.5800 9

5 truckloads @ $1.6000 (O)
3 truckloads @ $1.5900 (O)
1 truckload @ $1.5800 (O)

2 truckloads @ $1.4700 1 truckload @ $1.5975
3 truckloads @ $1.5900
May 15 1.6000 0

None

None 1 truckload @ $1.6050
May 14 1.6000 9

8 truckloads @ $1.6000 (O)
1 truckload @ $1.6000 (B)

None 1 truckload @ $1.6025
1 truckload @ $1.6000
May 7 - 11 $1.6445 A 24      
May 11 1.6200 11

10 truckloads @ $1.6200 (O)
1 truckload @ $1.6175 (O)

2 truckloads @ $1.6000
2 truckloads @ $1.5000
3 truckloads @ $1.6500
2 truckloads @ $1.6200
May 10 1.6500 5

5 truckloads @ $1.6500 (O)

None 2 truckloads @ $1.6500
May 9 1.6500 0

None

None 1 truckload @ $1.6550
May 8 1.6500 16

12 truckloads @ $1.6525 (O)
4 truckloads @ $1.6500 (O)

None None
May 7 1.6525 3

1 truckload @ $1.6525 (B)
2 truckloads @ $1.6000 (O)

None None
Apr 30 - May 4 $1.5790 A 24      
May 4 1.6000 6

6 truckloads @ $1.6000

None 1 truckload @ $1.6200
May 3 1.6025 0

None

None 2 truckloads @ $1.6025
May 2 1.6025 9

9 truckloads @ $1.6025 (O)

None 1 truckload @ $1.6075
May 1 1.6025 5

1 truckload @ $1.5100 (O)
1 truckload @ $1.5000 (O)
1 truckload @ $1.4925 (B)
1 truckload @ $1.4900 (B)
1 truckload @ $1.4875 (B)

1 truckload @ $1.6025
1 truckload @ $1.5925
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