Cheese Market: CME Cheese Block and Barrel Trading Details

September

 

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

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
September 29 $2.2300 1 1 truckload @ $2.2300(O) None 1 truckload @ $2.2400
Sept. 22 - 26 $2.3450 13 None None None
September 26 $2.2800 1 1 truckload @ $2.2800(O) None 1 truckload @ $2.2800
September 25 $2.3400 4 1 truckload @ $2.3500(B)
1 truckload @ $2.3425(O)
1 truckload @ $2.3400(B)
1 truckload @ $2.3400(O)
None 1 truckload @ $2.3400
September 24 $2.3475 2 1 truckload @ $2.3600(B)
1 truckload @ $2.3550(B)
None 1 truckload @ $2.3475
September 23 $2.3600 6 1 truckload @ $2.3975(O)
1 truckload @ $2.3650(O)
1 truckload @ $2.3625(O)
3 truckloads @ $2.3600(O)
None 1 truckload @ $2.3700
September 22 $2.3975 0 None None 1 truckload @ $2.3975
Sept. 15 - 19 $2.4070 0 None None None
September 19 $2.4500 0 None 1 truckload @ $2.4500 None
September 18 $2.4100 0 None None None
September 17 $2.4100 0 None 1 truckload @ $2.4100 None
September 16 $2.3950 0 None 1 truckload @ $2.3950 None
September 15 $2.3700 0 None 1 truckload @ $2.3700 None
Sept. 8 - 11 $2.3500 0 None None None
September 12 $2.3500 0 None None None
September 11 $2.3500 0 None None None
September 10 $2.3500 0 None None None
September 9 $2.3500 0 None None None
September 8 $2.3500 0 None None None
Sept. 1 - 5 $2.3500 0 None None None
September 5 $2.3500 0 None None None
September 4 $2.3500 0 None None None
September 3 $2.3500 0 None None None
September 2 $2.3500 0 None 1 truckload @ $2.3500 None
September 1     NO TRADING 1 truckload @ $2.3300 None

 

 

Barrels


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

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
September 29 $2.2250 3 2 truckloads @ $2.3000(B)
1 truckload @ $2.2450(O)
None 1 truckload @ $2.2250
Sept. 22 - 26 $2.4520 3 None None None
September 26 $2.3000 1 1 truckload @ $2.3000(O) None None
September 25 $2.4900 2 1 truckload @ $2.4900(B)
1 truckload @ $2.4900(O)
1 truckload @ $2.4900 None
September 24 $2.4900 0 None 1 truckload @ $2.4900 None
September 23 $2.4900 0 None 1 truckload @ $2.4900 None
September 22 $2.4900 0 None 1 truckload @ $2.4900 None
Sept. 15 - 19 $2.4080 1 None None None
September 19 $2.4300 1 1 truckload @ $2.4300(B) 1 truckload @ $2.4300 None
September 18 $2.4225 0 None None None
September 17 $2.4225 0 None 2 truckloads @ $2.4225 None
September 16 $2.4050 0 None 1 truckload @ $2.4050 None
September 15 $2.3600 0 None 2 truckloads @ $2.3600 None
Sept. 8 - 11 $2.3300 0 None None None
September 12 $2.3350 0 None 1 truckload @ $2.3350 None
September 11 $2.3300 0 None 1 truckload @ $2.3300 None
September 10 $2.3300 0 None None None
September 9 $2.3300 0 None 1 truckload @ $2.3300 None
September 8 $2.3250 0 None 1 truckload @ $2.3250 None
Sept. 1 - 5 $2.32313 4 None None None
September 5 $2.32500 0 None 1 truckload @ $2.3250 None
September 4 $2.3050 3 1 truckload @ $2.3100(O)
1 truckload @ $2.3075(O)
1 truckload @ $2.3050(B)
None 1 truckload @ $2.3100
September 3 $2.3000 0 None None 1 truckload @ $2.3000
September 2 $2.3625 1 1 truckload @ $2.3625(B) None None
September 1     NO TRADING 1 truckload @ $2.3300 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