Cheese Market: 2018 CME Cheese Block and Barrel Trading Details

August 2018

Blocks

2017 Block Trading • 2018 Block Trading

Date	Closing Price	Volume	Trading	Unfilled Bids	Uncovered Offers
August 14	$1.6550	3	1 truckload @ $1.6600 (O) 2 truckloads @ $1.6500 (O)	1 truckload @ $1.6550 2 truckloads @ $1.6525	1 truckload @ $1.6600
August 13	$1.6600	1	1 truckload @ $1.6600 (B)	1 truckload @ $1.6450	None
Aug 6 - Aug 10	$1.6110 A	7
August 10	$1.6575	2	1 truckload @ $1.6575 (B) 1 truckload @ $1.6500 (B)	1 truckload @ $1.6550 1 truckload @ $1.6400	None
August 9	$1.6450	0	None	1 truckload @ $1.6450	None
August 8	$1.6050	2	1 truckload @ $1.5850 (B) 1 truckload @ $1.5825 (B)	1 truckload @ $1.6050	None
August 7	$1.5775	3	2 truckloads @ $1.5700 (O) 1 truckload @ $1.5675 (O)	1 truckload @ $1.5775	1 truckload @ $1.6000
August 6	$1.5700	0	None	None	1 truckload @ $1.6200 1 truckload @ $1.5700
July 30 - Aug 3	$1.5440 A	3
August 3	$1.5875	0	None	1 truckload @ $1.5875	1 truckload @ $1.6100
August 2	$1.5725	0	None	1 truckload @ $1.5725 1 truckload @ $1.5625 1 truckload @ $1.5600	1 truckload @ $1.5800
August 1	$1.5400	2	1 truckload @ $1.5400 (B) 1 truckload @ $1.5350 (B)	1 truckload @ $1.5300	1 truckload @ $1.5600

Barrels

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

Date	Closing Price	Volume	Trading	Unfilled Bids	Uncovered Offers
August 14	$1.6700	6	2 truckloads @ $1.6750 (B) 1 truckload @ $1.6725 (O) 1 truckload @ $1.6700 (O) 1 truckload @ $1.6600 (O) 1 truckload @ $1.6500 (B)	1 truckload @ $1.6600 1 truckload @ $1.6525	None
August 13	$1.6475	17	4 truckloads @ $1.6475 (B) 1 truckload @ $1.6450 (B) 1 truckload @ $1.6425 (B) 1 truckload @ $1.6400 (B) 2 truckloads @ $1.6350 (B) 1 truckload @ $1.6275 (B) 1 truckload @ $1.6250 (B) 1 truckload @ $1.6225 (B) 5 truckloads @ $1.6200 (B)	1 truckload @ $1.6400	None
August 6 - 10	$1.5345 A	22
August 10	$1.6200	2	1 truckload @ $1.6150 (O) 1 truckload @ $1.6000 (O)	2 truckloads @ $1.6200 1 truckload @ $1.6100 1 truckload @ $1.5675	None
August 9	$1.5675	5	1 truckload @ $1.5675 (B) 1 truckload @ $1.5400 (B) 1 truckload @ $1.5300 (B) 1 truckload @ $1.5275 (B) 1 truckload @ $1.5250 (O)	1 truckload @ $1.5625 2 truckloads @ $1.5500 1 truckload @ $1.5475 1 truckload @ $1.5175	None
August 8	$1.5150	7	1 truckload @ $1.5000 (B) 1 truckload @ $1.5000 (O) 1 truckload @ $1.4900 (B) 4 truckloads @ $1.47850 (B)	1 truckload @ $1.5150 1 truckload @ $1.5050 1 truckload @ $1.5025	None
August 7	$1.4850	4	3 truckloads @ $1.4875 (B) 1 truckload @ $1.4850 (B)	1 truckload @ $1.4850 1 truckload @ $1.42700	1 truckload @ $1.4950
August 6	$1.4850	4	1 truckload @ $1.4900 (O) 1 truckload @ $1.4900 (B) 2 truckloads @ $1.4850 (B)	None	None
July 30 - Aug 3	$1.4350 A	52
August 3	$1.4750	15	5 truckloads @ $1.4800 (B) 1 truckload @ $1.4800 (O) 2 truckloads @ $1.4750 (B) 1 truckload @ $1.4725 (O) 1 truckload @ $1.4700 (O) 1 truckload @ $1.4675 (B) 1 truckload @ $1.4625 (B) 3 truckloads @ $1.4600 (B)	None	1 truckload @ $1.4750
August 2	$1.4575	10	2 truckloads @ $1.4600 (B) 1 truckload @ $1.4575 (B) 2 truckloads @ $1.4575 (O) 1 truckload @ $1.4500 (B) 4 truckloads @ $1.4400 (B)	1 truckload @ $1.4400 3 truckloads @ $1.4300 1 truckload @ $1.3900	1 truckload @ $1.4800 3 truckloads @ $1.4575
August 1	$1.4300	15	1 truckload @ $1.4600 (B) 2 truckloads @ $1.4500 (B) 2 truckloads @ $1.4500 (O) 1 truckload @ $1.4475 (O) 1 truckload @ $1.4400 (O) 1 truckload @ $1.4375 (B) 1 truckload @ $1.4375 (O) 1 truckload @ $1.4350 (O) 1 truckload @ $1.4325 (B) 1 truckload @ $1.4300 (B) 1 truckload @ $1.4250 (B) 2 truckloads @ $1.4200 (B)	1 truckload @ $1.4300 1 truckload @ $1.4225 1 truckload @ $1.4050 1 truckload @ $1.4025 1 truckload @ $1.4000 1 truckload @ $1.3000 2 truckloads @ $1.2500	1 truckload @ $1.4800

(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