Cheese Market: CME Cheese Block and Barrel Trading Details

March

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

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
March 23 - 27 AVG: $1.5325 7
March 27 $1.5400 0

None

1 truckload @ $1.5400 None
March 26 $1.5325 3

2 truckloads @ $1.5325(B)
1 truckload @ $1.5300(B)

1 truckload @ $1.5300 None
March 25 $1.5300 0

None

1 truckload @ $1.5250 None
March 24 $1.5300 0

None

None None
March 23 $1.5300 4

4 truckloads @ $1.5375(O)

None 2 truckloads @ $1.5300
March 16 - 20 AVG: $1.5600 14
March 20 $1.5400 2

1 truckload @ $1.5500(O)
1 truckload @ $1.5400(B)

None 1 truckload @ $1.5400
March 19 $1.5500 7

2 truckloads @ $1.5700(O)
2 truckloads @ $1.5625(O)
3 truckloads @ $1.5500(O)

1 truckload @ $1.5500 None
March 18 $1.5700 0

None

None 1 truckload @ $1.5750
March 17 $1.5700 5

5 truckloads @ $1.5700(O)

1 truckload @ $1.5700 1 truckload @ $1.5750
March 16 $1.5700 0

None

1 truckload @ $1.5650 2 truckloads @ $1.5750
March 9-13 AVG: $1.5680 7
March 13 $1.5700 0

None

None 2 truckloads @ $1.5750
March 12 $1.5700 3

3 truckloads @ $1.5700(B)

None 2 truckloads @ $1.5700
March 11 $1.5700 1

1 truckload @ $1.5700(B)

2 truckloads @ $1.5650 None
March 10 $1.5650 0

None

2 truckloads @ $1.5600 None
March 9 $1.5650 3

1 truckload @ $1.5650(O)
1 truckload @ $1.5600(B)
1 truckload @ $1.5600(O)

1 truckload @ $1.5600 1 truckload @ $1.5700
March 2 - 6 AVG: $1.5520 4
March 6 $1.5600 0

None

1 truckload @ $1.5600 None
March 5 $1.5600 2

1 truckload @ $1.5600(O)
1 truckload @ $1.5525(B)

None 1 truckload @ $1.5650
March 4 $1.5500 1 1 truckload @ $1.5500(B) 2 truckloads @ $1.5450 None
March 3 $1.5450 0 None 1 truckload @ $1.5450 None
March 2 $1.5450 1 1 truckload @ $1.5450(B) 1 truckload @ $1.5450 1 truckload @ $1.5500

 

Barrels


2015 Barrel Trading 2014 Barrel Trading2013 Barrel Trading2012 Barrel Trading2011 Barrel Trading

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
March 23 - 27 AVG: $1.5150 10
March 27 $1.5450 2

2 truckloads @ $1.5450(B)

None None
March 26 $1.5200 0

None

1 truckload @ $1.5200 None
March 25 $1.5100 0

None

1 truckload @ $1.5100 None
March 24 $1.5100 4

1 truckload @ $1.5100(B)
3 truckloads @ $1.5100(O)

None None
March 23 $1.4900 4

2 truckloads @ $1.5000(O)
1 truckload @ $1.4925(O)
1 truckload @ $1.4900(O)

None None
March 16 - 20 AVG: $1.5410 1
March 20 $1.5200 0

None

None 1 truckload @ $1.5200
March 19 $1.5200 0

None

None 1 truckload @ $1.5200
March 18 $1.5600 0

None

None None
March 17 $1.5600 1

1 truckload @ $1.5600(O)

None None
March 16 $1.5450 0

None

None None
March 9-13 AVG: $1.5450 5
March 13 $1.5450 0

None

None None
March 12 $1.5450 5

3 truckloads @ $1.5650(B)

1 truckload @ $1.5500(O)

1 truckload @ $1.5450(O)

None 1 truckload @ $1.5450
March 11 $1.5650 0 None 2 truckloads @ $1.5650 None
March 10 $1.5450 0 None 1 truckload @ $1.5450 None
March 9 $1.5250 0 None 1 truckload @ $1.5250 None
March 2 - 6 AVG: $1.4935 0
March 6 $1.4950 0 None 2 truckloads @ $1.4950 None
March 5 $1.4950 0 None 1 truckload @ $1.4950 None
March 4 $1.4925 0 None 2 truckloads @ $1.4925 None
March 3 $1.4925 0 None None None
March 2 $1.4925 0 None 1 truckload @ $1.4925 1 truckload @ $1.5000

(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