Cheese Market: 2018 CME Cheese Block and Barrel Trading Details

July 2018

Blocks

2017 Block Trading • 2018 Block Trading

Date	Closing Price	Volume	Trading	Unfilled Bids	Uncovered Offers
July 16 - 20	$1.5370 A	7
July 20	$1.5200	1	1 truckload @ $1.5200 (O)	None	1 truckload @ $1.5475 1 truckload @ $1.5400 2 truckloads @ $1.5375 1 truckload @ $1.5350
July 19	$1.5325	1	1 truckload @ $1.5325 (O)	None	1 truckload @ $1.5375
July 18	$1.5400	0	None	1 truckload @ $1.5400	1 truckload @ $1.5475
July 17	$1.5275	0	None	None	1 truckload @ $1.5650 1 truckload @ $1.5275
July 16	$1.5650	5	1 truckload @ $1.5650 (B) 3 truckloads @ $1.5500 (O) 1 truckload @ $1.5475 (O)	None	1 truckload @ $1.5900
July 9 - 13	$1.5505 A	8
July 13	$1.5600	8	3 truckloads @ $1.5600 (O) 3 truckloads @ $1.5575 (O) 2 truckloads @ $1.5550 (O)	1 truckload @ $1.5575 1 truckload @ $1.5550	1 truckload @ $1.5800 1 truckload @ $1.5700
July 12	$1.5650	0	None	1 truckload @ $1.5650	1 truckload @ $1.5825
July 11	$1.5425	0	None	None	1 truckload @ $1.5825
July 10	$1.5425	0	None	None	1 truckload @ $1.5825
July 9	$1.5425	0	None	None	1 truckload @ $1.5900
July 2 - 6	$1.55438 A	3
July 6	$1.5425	0	None	None	None
July 5	$1.5425	1	1 truckload @ $1.5075 (O)	1 truckload @ $1.5425 1 truckload @ $1.5100	None
July 4	No		Trading
July 3	$1.5500	2	1 truckload @ $1.5650 (O) 1 truckload @ $1.5500 (B)	None	None
July 2	$1.5825	0	None	1 truckload @ $1.5825	1 truckload @ $1.6050

Barrels

2017 Barrel Trading • 2016 Barrel Trading •2015 Barrel Trading • 2014 Barrel Trading

Date	Closing Price	Volume	Trading	Unfilled Bids	Uncovered Offers
July 16 - 20	$1.3385 A	41
July 20	$1.2700	0	None	1 truckload @ $1.2500 1 truckload @ $1.2200	1 truckload @ $1.3250 1 truckload @ $1.2900 2 truckloads @ $1.2700
July 19	$1.3150	8	3 truckloads @ $1.3275 (O) 2 truckloads @ $1.3250 (B) 1 truckload @ $1.3250 (O) 1 truckload @ $1.3200 (B) 1 truckload @ $1.3150 (O)	1 truckload @ $1.2700	1 truckload @ $1.3400 1 truckload @ $1.3250 1 truckload @ $1.3200
July 18	$1.3100	5	1 truckload @ $1.3350 (O) 1 truckload @ $1.3200 (B) 1 truckload @ $1.3150 (O) 2 truckloads @ $1.3100 (O)	1 truckload @ $1.3000	1 truckload @ $1.4325
July 17	$1.3750	19	3 truckloads @ $1.4250 (O) 8 truckloads @ $1.4225 (O) 2 truckloads @ $1.4200 (O) 1 truckload @ $1.4150 (O) 1 truckload @ $1.4100 (B) 1 truckload @ $1.4075 (O) 1 truckload @ $1.4000 (B) 1 truckload @ $1.3900 (O) 1 truckload @ $1.3800 (B)	1 truckload @ $1.3600	1 truckload @ $1.4350 1 truckload @ $1.3750
July 16	$1.4225	9	3 truckloads @ $1.4250 (O) 6 truckloads @ $1.4225 (O)	None	1 truckload @ $1.4350 1 truckload @ $1.4225
July 9 - 13	$1.3570 A	49
July 13	$1.4225	13	1 truckload @ $1.4400 (B) 1 truckload @ $1.4375 (B) 2 truckloads @ $1.4350 (B) 1 truckload @ $1.4325 (B) 2 truckloads @ $1.4325 (O) 1 truckload @ $1.4300 (B) 1 truckload @ $1.4300 (O) 3 truckloads @ $1.4200 (O) 1 truckload @ $1.4075 (O)	1 truckload @ $1.3825	1 truckload @ $1.4500 1 truckload @ $1.4300 1 truckload @ $1.4225
July 12	$1.4125	10	2 truckloads @ $1.4100 (B) 1 truckload @ $1.4100 (O) 1 truckload @ $1.4025 (B) 1 truckload @ $1.4000 (B) 1 truckload @ $1.4100 (O) 3 truckloads @ $1.3700 (B) 1 truckload @ $1.36000 (B)	1 truckload @ $1.4125 1 truckload @ $1.4000 1 truckload @ $1.3900 1 truckload @ $1.3825	1 truckload @ $1.4700 1 truckload @ $1.4500 1 truckload @ $1.4400
July 11	$1.3500	12	2 truckloads @ $1.3500 (O) 1 truckload @ $1.3450 (O) 1 truckload @ $1.3400 (O) 4 truckloads @ $1.3375 (B) 4 truckloads @ $1.3375 (O)	1 truckload @ $1.3300	None
July 10	$1.3375	8	1 truckload @ $1.3375 (B) 1 truckload @ $1.3350 (B) 1 truckload @ $1.3000 (B) 1 truckload @ $1.2950 (B) 3 truckloads @ $1.2925 (B) 1 truckload @ $1.2825 (B)	1 truckload @ $1.3300 1 truckload @ $1.3275 1 truckload @ $1.3250 1 truckload @ $1.3200 1 truckload @ $1.3150 1 truckload @ $1.2925 3 truckloads @ $1.2025 1 truckload @ $1.2000	1 truckload @ $1.4100 1 truckload @ $1.4000 1 truckload @ $1.3900 1 truckload @ $1.3800 1 truckload @ $1.3700 1 truckload @ $1.3600 1 truckload @ $1.3500 1 truckload @ $1.3400
July 9	$1.2625	6	2 truckloads @ $1.2625 (O) 2 truckloads @ $1.2500 (B) 1 truckload @ $1.2475 (B) 1 truckload @ $1.2450 (B)	2 truckloads @ $1.2600 1 truckload @ $1.2350 1 truckload @ $1.2300 1 truckload @ $1.2250 1 truckload @ $1.2200 5 truckloads @ $1.2000	1 truckload @ $1.2625
July 2 - 6	$1.32938 A	35
July 6	$1.2450	8	1 truckload @ $1.2700 (O) 1 truckload @ $1.2550 (B) 1 truckload @ $1.2525 (B) 2 truckloads @ $1.2500 (B) 1 truckload @ $1.2475 (B) 1 truckload @ $1.2450 (O) 1 truckload @ $1.2400 (B)	1 truckload @ $1.2400 1 truckload @ $1.2300 1 truckload @ $1.2225 1 truckload @ $1.2200 1 truckload @ $1.2150 1 truckload @ $1.2100 3 truckloads @ $1.2000 1 truckload @ $1.1500	1 truckload @ $1.3000 1 truckload @ $1.2625 2 truckloads @ $1.2450
July 5	$1.2800	3	1 truckload @ $1.3200 (O) 1 truckload @ $1.2850 (O) 1 truckload @ $1.2800 (O)	1 truckload @ $1.2500	1 truckload @ $1.4300 1 truckload @ $1.4200 1 truckload @ $1.4100 1 truckload @ $1.4000 1 truckload @ $1.2950 1 truckload @ $1.2800
July 4	No		Trading
July 3	$1.3625	16	1 truckload @ $1.4200 (O) 2 truckloads @ $1.4150 (O) 4 truckloads @ $1.3950 (O) 1 truckload @ $1.3975 (B) 1 truckload @ $1.3925 (O) 1 truckload @ $1.3925 (B) 1 truckload @ $1.3900 (O) 1 truckload @ $1.3875 (B) 1 truckload @ $1.3825 (B) 2 truckloads @ $1.3800 (O) 1 truckload @ $1.3750 (O) 1 truckload @ $1.3700 (O)	1 truckload @ $1.3500	1 truckload @ $1.4275 3 truckloads @ $1.4000 1 truckload @ $1.3925
July 2	$1.4300	8	2 truckloads @ $1.4300 (B) 1 truckload @ $1.4275 (O) 1 truckload @ $1.4100 (O) 1 truckload @ $1.4000 (O) 1 truckload @ $1.3925 (B) 1 truckload @ $1.3900 (B) 1 truckload @ $1.3900 (O)	None	1 truckload @ $1.4600 1 truckload @ $1.4500

(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