Cheese Market: 2017 CME Cheese Block and Barrel Trading Details
June 2017
2017 Block Trading • 2016 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) |
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 Trading • 2016 Barrel Trading •2015 Barrel Trading • 2014 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) |
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 @ $1.3400 | 1 truckload @ $1.3575 |
| June 20 | $1.3375 | 11 | 1 truckload @ $1.3475 (O) |
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