Cheese Market: CME Cheese Block and Barrel Trading Details

November

 

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

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
November 24 $1.7300 0 None None None
Nov 17 - 24 AVG: $1.8070 5
November 21 $1.7300 3 3 truckloads @ $1.7300(O) 1 truckload @ $1.7300 1 truckload @ $1.7800
November 20 $1.7750 1 1 truckload @ $1.7975(O) None 1 truckload @ $1.7750
November 19 $1.8000 1 1 truckload @ $1.8100(O) None 2 truckloads @ $1.8000
November 18 $1.8500 0 None None 1 truckload @ $1.8500
November 17 $1.8800 0 None None 1 truckload @ $1.8800
Nov 10 - 14 AVG: $2.0110 1
November 14 $1.9425 0 None None None
November 13 $1.9425 1 1 truckload @ $1.9425(O) None 1 truckload @ $1.9900
November 12 $1.9900 0 None None 1 truckload @ $1.9900
November 11 $2.0000 0 None None 1 truckload @ $2.0000
November 10 $2.1800 0 None None 1 truckload @ $2.1800
Nov 3 - 7 AVG: $2.1780 0
November 7 $2.2000 0 None None None
November 6 $2.2000 0 None 1 truckload @ $2.2000 None
November 5 $2.1800 0 None 1 truckload @ $2.1800 None
November 4 $2.1700 0 None 1 truckload @ $2.1700 None
November 3 $2.1400 0 None None None

 

 

Barrels


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

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
November 24 $1.7200 0 None 3 truckloads @ $1.7000 1 truckload @ $1.7200
Nov 17 - 24 AVG: $1.8470 6
November 21 $1.7400 1 1 truckload @ $1.7025(O) 1 truckload @ $1.7400 None
November 20 $1.7500 5 1 truckload @ $1.7500(B)
1 truckload @ $1.7100(O)
3 truckloads @ $1.7000(B)
None None
November 19 $1.9150 0 None None None
November 18 $1.9150 0 None None None
November 17 $1.9150 0 None None None
Nov 10 - 14 AVG: $1.9670 4
November 14 $1.9150 0 None None None
November 13 $1.9150 4 1 truckload @ $1.9275(O)
1 truckload @ $1.9150(B)
2 truckloads @ $1.9050(O)
None None
November 12 $1.9375 0 None None 1 truckload @ $1.9375
November 11 $1.9475 0 None None 1 truckload @ $1.9475
November 10 $2.1200 0 None None None
Nov 3 - 7 AVG: $2.1290 0
November 7 $2.1200 0 None None 1 truckload @ $2.1200
November 6 $2.1450 0 None None 1 truckload @ $2.1450
November 5 $2.1600 0 None 1 truckload @ $2.1600 None
November 4 $2.1100 0 None None None
November 3 $2.1100 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