Cheese Market: 2017 CME Cheese Block and Barrel Trading Details

 

February 2017

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

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
March 27 $1.4450 3 1 truckload @ $1.4400 (B)
1 truckload @ $1.4400 (O)
1 truckload @ $1.4375 (O)
1 truckload @ $1.4450 1 truckload @ $1.4500
March 20 - 24 $1.4325 AVG 19      
March 24 $1.4400 3 3 truckloads @ $1.4400 (B) 1 truckload @ $1.4400 1 truckload @ $1.4500
March 23 $1.4400 6 3 truckloads @ $1.4400 (B)
2 truckloads @ $1.4400 (O)
1 truckload @ $1.4375 (O)
1 truckload @ $1.4400 None
March 22 $1.4500 2 1 truckload @ $1.4500 (O)
1 truckload @ $1.4400 (O)
1 truckload @ $1.4300 1 truckload @ $1.4600
March 21 $1.4300 8 1 truckload @ $1.4350 (O)
1 truckload @ $1.4300 (B)
3 truckloads @ $1.4300 (O)
1 truckload @ $1.4200 (O)
1 truckload @ $1.4100 (O)
1 truckload @ $1.4000 (O)
1 truckload @ $1.4300 1 truckload @ $1.4350
March 20 $1.4025 0 None 1 truckload @ $1.4025 None
March 13 - 17 $1.3715 AVG 16      
March 17 $1.4000 1 1 truckload @ $1.4000 (B) None None
March 16 $1.3600 3 1 truckload @ $1.3700 (O)
1 truckload @ $1.3600 (B)
1 truckload @ $1.3600 (O)
1 truckload @ $1.3600 1 truckload @ $1.3800
March 15 $1.3600 4 1 truckload @ $1.3650 (O)
1 truckload @ $1.3625 (O)
2 truckloads @ $1.3600 (O)
None 1 truckload @ $1.3700
March 14 $1.3700 4 2 truckloads @ $1.3700 (O)
2 truckloads @ $1.3675 (O)
None 1 truckload @ $1.3800
March 13 $1.3675 4 1 truckload @ $1.3750 (B)
1 truckload @ $1.3725 (O)
1 truckload @ $1.3700 (O)
1 truckload @ $1.3675 (O)
None 1 truckload @ $1.3700
March 6 - 10 $1.4325 AVG 12      
March 10 $1.3850 5 1 truckload @ $1.3975 (O)
3 truckloads @ $1.3900 (O)
1 truckload @ $1.3850 (O)
None None
March 9 $1.3975 3 1 truckload @ $1.4375 (O)
1 truckload @ $1.4050 (O)
1 truckload @ $1.3975 (O)
None 1 truckload @ $1.4000
March 8 $1.4400 3 1 truckload @ $1.4400 (O)
1 truckload @ $1.4300 (O)
1 truckload @ $1.4275 (O)
1 truckload @ $1.4400 1 truckload @ $1.4500
March 7 $1.4600 1 1 truckload @ $1.4600 (O) None 1 truckload @ $1.4700
March 6 $1.4800 0 None None None
Feb 27 - Mar 3 $1.5065AVG 8      
March 3 $1.4800 1 1 truckload @ $1.4800 (B) None None
March 2 $1.4700 1 1 truckload @ $1.4700 (O) None 1 truckload @ $1.4800
March 1 $1.4900 4 1 truckload @ $1.5050 (O)
1 truckload @ $1.4925 (O)
2 truckloads @ $1.4900 (O)
None None
February 28 $1.5475 1 1 truckload @ $1.5475(B) None 1 truckload @ $1.5500
February 27 $1.5450 1 1 truckload @ $1.5450 (O) None 1 truckload @ $1.5500

 

 

Barrels


2017 Barrel Trading2016 Barrel Trading2015 Barrel Trading2014 Barrel Trading

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
March 27 $1.3700 4 1 truckload @ $1.3850 (O)
1 truckload @ $1.3800 (O)
1 truckload @ $1.3750 (O)
1 truckload @ $1.3700 (O)
None 1 truckload @ $1.3800
March 20 - 24 $1.3920 AVG 23      
March 24 $1.3900 1 1 truckload @ $1.3900 (O) None 1 truckload @ $1.3925
March 23 $1.4100 0 None None 1 truckload @ $1.4100
March 22 $1.4100 4 1 truckload @ $1.4100 (O)
3 truckloads @ $1.4000 (O)
None 1 truckload @ $1.4100
March 21 $1.3900 17 1 truckload @ $1.3900 (O)
2 truckloads @ $1.3800 (O)
3 truckloads @ $1.3700 (O)
6 truckloads @ $1.3650 (O)
5 truckloads @ $1.3600 (O)
1 truckload @ $1.3850 2 truckloads @ $1.4000
March 20 $1.3600 1 1 truckload @ $1.3600 (O) None 1 truckload @ $1.3700
March 13 - 17 $1.3780 AVG 23      
March 17 $1.3650 10 1 truckload @ $1.3700 (O)
1 truckload @ $1.3650 (B)
7 truckloads @ $1.3600 (O)
1 truckload @ $1.3550 (O)
None None
March 16 $1.3500 11 3 truckloads @ $1.3625 (O)
2 truckloads @ $1.3600 (O)
2 truckloads @ $1.3525 (B)
3 truckloads @ $1.3500 (O)
1 truckload @ $1.3475 (O)
2 truckloads @ $1.3400 1 truckload @ $1.3700
March 15 $1.3750 2 1 truckload @ $1.3950 (O)
1 truckload @ $1.3750 (O)
None 1 truckload @ $1.4000
March 14 $1.4000 0 None None 1 truckload @ $1.4100
March 13 $1.4000 0 None None 1 truckload @ $1.4000
March 6 - 10 $1.4235 AVG 35      
March 10 $1.4000 3 1 truckload @ $1.4000 (O)
2 truckloads @ $1.3950 (O)
None 1 truckload @ $1.4100
March 9 $1.4000 7 3 truckloads @ $1.4500 (O)
1 truckload @ $1.4200 (B)
2 truckloads @ $1.4100 (B)
1 truckload @ $1.4000 (B)

1 trucklaod @$1.3900 1 trucklaod @$1.4300
March 8 $1.4500 7 1 truckload @ $1.4500 (O)
1 truckload @ $1.4450 (B)
1 truckload @ $1.4400 (B)
1 truckload @ $1.4400 (O)
1 truckload @$1.4300 (B)
1 truckload @ $1.4200 (B)
1 truckload @ $1.4100 (B)
1 trucklaod @$1.4200 1 trucklaod @$1.4600
March 7 $1.4300 16 10 truckloads @ $1.4300 (O)
3 truckloads @ $1.4300 (B)
2 truckloads @ $1.4350 (O)
1 truckload @ $1.4325 (O)
1 trucklaod @$1.4300 1 trucklaod @$1.4350
March 6 $1.4375 0 None None None
Feb 27 - Mar 3 $1.4760 AVG 21      
March 3 $1.4375 3 1 truckload @ $1.4500 (O)
1 truckload @ $1.4400 (O)
1 truckload @ $1.4375 (O)
None 1 truckload @ $1.4500
March 2 $1.4650 0 None None None
March 1 $1.4650 3 2 truckloads @ $1.4700 (O)
1 truckload @ $1.4650 (O)
1 trucklaod @$1.4600 None
February 28 $1.5250 14 3 truckloads @ $1.5250 (B)
1 truckload @ $1.5100 (O)
1 truckload @ $1.5050 (B)
1 truckload @ $1.5000 (O)
1 truckload @$1.4975 (B)
2 truckloads @ $1.4950 (B)
5 truckloads @ $1.4950 (O)
None None
February 27 $1.4875 1 1 truckload @ $1.4875 (O)
1 truckload @ $1.4500 1 truckload @ $1.4900


 

(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