Cheese Market: CME Cheese Block and Barrel Trading Details

Febraury

2015 Block Trading • 2014 Block Trading2013 Block TradingSee 2012 Block Trading2011 Block Trading

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
February 1 - 5 AVG: $1.4660 2      
February 5 $1.4700 1 1 truckload @ $1.4675(O) 1 truckload @ $1.4700 None
February 4 $1.4700 0 None 1 truckload @ $1.4700 None
February 3 $1.4700 1 1 truckload @ $1.4700(B) None None
February 2 $1.4600 0 None None None
February 1 $1.4600 0 None None None
Jan 25 - 29 AVG: $1.4600 0      
January 29 $1.4600 0 None 1 truckload @ $1.4600 None
January 28 $1.4600 0 None None None
January 27 $1.4600 0 None None None
January 26 $1.4600 0 None None None
January 25 $1.4600 0 None None None
Jan 18 - 22 AVG: $1.4775 3      
January 22 $1.4600 1 1 truckload @ $1.4600(O) None None
January 21 $1.4700 0 None None 1 truckload @ $1.4700
January 20 $1.4800 1 1 truckload @ $1.4800(O) None 1 truckload @ $1.5000
January 19 $1.5000 1 1 truckload @ $1.5000(O) None 1 truckload @ $1.5050
January 18   No Trading    
Jan 11 - 15 AVG: $1.4870 3      
January 15 $1.4950 0 None None 1 truckload @ $1.5000
January 14 $1.4950 1 1 truckload @ $1.4950(O)
None 1 truckload @ $1.5000
January 13 $1.4950 2 1 truckload @ $1.4950(B)
1 truckload @ $1.4925(B)
None 1 truckload @ $1.5000
January 12 $1.4900 0 None 1 truckload @ $1.4900 None
January 11 $1.4600 0 None 1 truckload @ $1.4600 None
January 4 - 8 AVG: $1.4785 2      
January 8 $1.4600 0 None None None
January 7 $1.4600 0 None None 1 truckload @ $1.4600
January 6 $1.4700 0 None None 1 truckload @ $1.4700
January 5 $1.4900 1 1 truckload @ $1.4900(B) 1 truckload @ $1.4700 None
January 4 $1.5125 1 1 truckload @ $1.5125(B) None None
Dec 28 - Jan 1 AVG: $1.45438 9      
January 1   No Trading  

 

 

 

Barrels


2015 Barrel Trading2014 Barrel Trading2013 Barrel Trading2012 Barrel Trading2011 Barrel Trading

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
February 1 - 5 AVG: $1.4560 0      
February 5 $1.4650 0 None None None
February 4 $1.4650 0 None 1 truckload @ $1.4650 None
February 3 $1.4500 0 None None None
February 2 $1.4500 0 None None None
February 1 $1.4500 0 None 1 truckload @ $1.4500 None
Jan 25 - 29 AVG: $1.4300 0      
January 29 $1.4300 0 None 1 truckload @ $1.4300 None
January 28 $1.4300 0 None None None
January 27 $1.4300 0 None None None
January 26 $1.4300 0 None None None
January 25 $1.4300 0 None None None
Jan 18 - 22 AVG: $1.47813 8      
January 22 $1.4300 6 1 truckload @ $1.4500(O)
1 truckload @ $1.4425(O)
1 truckload @ $1.4400(O)
1 truckload @ $1.4325(O)
1 truckload @ $1.4300(B)
1 truckload @ $1.4300(O)
2 truckloads @ $1.4300 1 truckload @ $1.4500
January 21 $1.4900 0 None None 1 truckload @ $1.4900
January 20 $1.4950 0 None None 1 truckload @ $1.4950
January 19 $1.4975 2 1 truckload @ $1.5050(O)
1 truckload @ $1.4975(O)
None None
January 18   No Trading    
Jan 11 - 15 AVG: $1.5245 9      
January 15 $1.5250 0 None None 1 truckload @ $1.5000
January 14 $1.5200 0 None None None
January 13 $1.5200 0 None None 1 truckload @ $1.5200
January 12 $1.5225 1 1 truckload @ $1.5250(O) None 1 truckload @ $1.5225
January 11 $1.5350 8 1 truckload @ $1.5450(B)
2 truckloads @ $1.5400(O)
4 truckloads @ $1.5375(O)
1 truckload @ $1.5350(O)
None 1 truckload @ $1.5400
January 4 - 8 AVG: $1.5030 9      
January 8 $1.5400 2 1 truckload @ $1.5400(O)
1 truckload @ $1.5300(B)
1 truckload @ $1.5400 1 truckload @ $1.5500
January 7 $1.4950 2 1 truckload @ $1.4950(B)
1 truckload @ $1.4800(B)
1 truckload @ $1.4900 None
January 6 $1.4800 0 None None None
January 5 $1.4800 5 2 truckloads @ $1.5200(B)
1 truckload @ $1.5050(O)
1 truckload @ $1.4925(O)
1 truckload @ $1.4800(O)
None 1 truckload @ $1.4900
January 4 $1.5200 0 None None 1 truckload @ $1.5200
Dec 28 - Jan 4 AVG: $1.4875 9      
January 1   No Trading  

 

(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