Cheese Market: 2017 CME Cheese Block and Barrel Trading Details

 

June 2017

2017 Block Trading2016 Block Trading 2015 Block Trading • 2014 Block Trading


Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
June 26 $1.5250 1

1 truckload @ $1.5250 (O)

1 truckload @ $1.5000 1 truckload @ $1.5250
June 19 - 23 $1.5680 AVG 12      
June 23 $1.5400 7

2 truckloads @ $1.5550 (O)
1 truckload @ $1.5525 (O)
3 truckloads @ $1.5450 (O)
1 truckload @ $1.5400 (O)

None None
June 22 $1.5450 2 1 truckload @ $1.5600 (O)
1 truckload @ $1.5450 (O)
None 1 truckload @ $1.5450
June 21 $1.5600 3 1 truckload @ $1.5975 (O)
1 truckload @ $1.5600 (O)
1 truckload @ $1.5600 (B)
None 1 truckload @ $1.5600
June 20 $1.5975 1 1 truckload @ $1.5975 (O) None None
June 19 $1.5975 0 None None 1 truckload @ $1.5975
June 12 - 16 $1.6270 AVG 2      
June 16 $1.6150 2 1 truckload @ $1.6150 (O)
1 truckload @ $1.6150 (B)
None None
June 15 $1.6300 0 None None None
June 14 $1.6300 0 None None None
June 13 $1.6300 0 None None None
June 12 $1.6300 0 None None None
June 5 - 9 $1.6480 AVG 12      
June 9 $1.6300 0 None None None
June 8 $1.6300 4 1 truckload @ $1.6300 (O)
1 truckload @ $1.6300 (B)
2 truckloads @ $1.6250 (O)
None None
June 7 $1.6500 2 2 truckloads @ $1.6500 (O)
None 2 truckloads @ $1.6600
June 6 $1.6650 2 2 truckloads @ $1.6650 (O)
None 1 truckload @ $1.6650
June 5 $1.6650 4 1 truckload @ $1.6825 (B)
2 truckloads @ $1.6800 (O)
1 truckloads @ $1.6650 (O)
None 1 truckload @ $1.6650
May 30 -
June 2
$1.72813 AVG 14      
June 2 $1.7000 5 1 truckload @ $1.7025 (B)
1 truckload @ $1.7000 (B)
3 truckloads @ $1.7000 (O)
None 2 truckloads @ $1.7100
June 1 $1.7375 1 1 truckload @ $1.7475 (B) None 1 truckload @ $1.7365
May 31 $1.7450 2 1 truckload @ $1.7450 (B)
1 truckload @ $1.7400 (B)
None None
May 30 $1.7300 6 1 truckload @ $1.7300 (O)
1 truckload @ $1.7250 (O)
1 truckload @ $1.7200 (O)
1 truckload @ $1.7150 (O)
1 truckload @ $1.7100 (O)
1 truckload @ $1.7000 (O)
None 1 truckload @ $1.7325
May 29 NO   TRADING    

 

 

Barrels


2017 Barrel Trading2016 Barrel Trading2015 Barrel Trading2014 Barrel Trading

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
June 26 $1.3675 0

None

2 truckloads @ $1.3450
3 truckloads @ $1.3400
2 truckloads @ $1.4100
1 truckload @ $1.3700
2 truckloads @ $1.3675
June 19 - 23 $1.3510 AVG 63      
June 23 $1.3700 23

4 truckloads @ $1.3825 (O)
3 truckloads @ $1.3800 (O)
4 truckloads @ $1.3750 (O)
3 truckloads @ $1.3700(O)
5 truckloads @ $1.3600 (O)
3 truckloads @ $1.3500 (O)
1 truckload @ $1.3400 (O)

None 1 truckload @ $1.3700
June 22 $1.3400 3

3 truckloads @ $1.3400 (O)

1 truckload @ $1.3300 1 truckload @ $1.3475
June 21 $1.3575 18

1 truckload @ $1.3625 (O)
1 truckload @ $1.3600 (O)
2 truckloads @ $1.3575 (O)
2 truckloads @ $1.3500 (O)
5 truckloads @ $1.3475 (O)
2 truckloads @ $1.3400 (B)
5 truckloads @ $1.3375 (O)

1 truckload @ $1.3400 1 truckload @ $1.3575
June 20 $1.3375 11

1 truckload @ $1.3475 (O)
2 truckloads @ $1.3400 (B)
2 truckloads @ $1.3450 (O)
3 truckloads @ $1.3400 (O)
2 truckloads @ $1.3375 (O)
1 truckload @ $1.3350 (B)

1 truckload @ $1.3300 1 truckload @ $1.3375
June 19 $1.3500 8 2 truckloads @ $1.3600 (B)
6 truckloads @ $1.3500 (O)
None 2 truckloads @ $1.3500
June 12 - 16 $1.4030 AVG 42      
June 15 $1.3800 19 3 truckloads @ $1.3800 (O)
2 truckloads @ $1.3700 (O)
1 truckload @ $1.3600 (O)
1 truckload @ $1.3575 (O)
2 truckloads @ $1.34500 (B)
2 truckloads @ $1.3425 (O)
4 truckloads @ $1.3400 (B)
3 truckloads @ $1.3400 (O)
2 truckloads @ $1.3500 2 truckloads @ $1.3800
June 14 $1.4025 8 2 truckloads @ $1.4125 (O)
1 truckload @ $1.4025 (B)
3 truckloads @ $1.4000 (O)
2 truckloads @ $1.3900 (B)
None 1 truckload @ $1.4100
June 13 $1.4150 11 11 truckloads @ $1.4150 (O) 2 truckloads @ $1.4050 3 truckloads @ $1.4200
June 12 $1.4150 4 4 truckloads @ $1.4150 (O) 2 truckloads @ $1.3950 2 truckloads @ $1.4200
June 5 - 9 $1.4275 AVG 49      
June 9 $1.4150 0 None 2 truckloads @ $1.3950 2 truckloads @ $1.4150
June 8 $1.4150 24 4 truckloads @ $1.4200 (O)
20 truckloads @ $1.4150 (O)
2 truckloads @ $1.4050 1 truckload @ $1.4150
June 7 $1.4250 7 7 truckloads @ $1.4250 (O)
1 truckloads @ $1.4200 2 truckloads @ $1.4500
June 6 $1.4250 9 3 truckloads @ $1.4450 (O)
2 truckloads @ $1.4400 (O)
1 truckload @ $1.4350 (B)
3 truckloads @ $1.4250 (B)
3 trucklaods @ $1.4150 2 truckloads @ $1.4300
June 5 $1.4575 9 2 truckloads @ $1.4700 (O
7 truckloads @ $1.4600 (O)
None 2 truckloads @ $1.4575
May 30 -
June 2
$1.52688 AVG 32      
June 2 $1.4900 5 3 truckloads @ $1.5325 (O)
5 truckloads @ $1.4975 (O)
None 2 truckloads @ $1.4900
June 1 $1.5325 0 None 2 truckloads @ $1.5100 1 truckload @ $1.5325
May 31 $1.5450 12 1 truckload @ $1.5450 (B)
10 truckloads @ $1.5450 (O)
1 truckload @ $1.5425 (B)
None 4 truckloads @ $1.5450
May 30 $1.5400 15 1 truckload @ $1.5400 (O)
2 truckloads @ $1.5300 (O)
1 truckload @ $1.5200 (O)
1 truckload @ $1.5100 (O)
2 truckloads @ $1.5000 (O)
2 truckloads @ $1.4900 (O)
2 truckloads @ $1.4800 (O)
4 truckloads @ $1.4700 (O)
1 truckload @ $1.5300 1 truckload @ $1.5400
May 29 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