Cheese Market: 2017 CME Cheese Block and Barrel Trading Details

 

January 2017

2016 Block Trading 2015 Block Trading • 2014 Block Trading

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
January 18 $1.6925 3 1 truckload @ $1.6925 (B)
1 truckload @ $1.6900 (B)
1 truckload @ $1.6750 (O)
None None
January 17 $1.7050 4 1 truckload @ $1.7250 (B)
1 truckload @ $1.7225 (O)
1 truckload @ $1.7200 (O)
1 truckload @ $1.7050 (O)
1 truckload @ $1.6900 None
January 16 NO   TRADING    
Jan 9 - 13 $1.7200 AVG 5      
January 13 $1.7250 0 None None 1 truckload @ $1.7250
January 12 $1.7500 1 1 truckload @ $1.7500 (B) None None
January 11 $1.7350 0 None 1 truckload @ $1.7350 None
January 10 $1.7200 4 1 truckload @ $1.7200 (B)
1 truckload @ $1.7000 (B)
1 truckload @ $1.7000 (O)
1 truckload @ $1.6900 (B)
1 truckload @ $1.6900 None
January 9 $1.6700 0 None None None
Jan 2 - 6 $1.66438 AVG 6      
January 6 $1.6700 4 1 truckload @ $1.6800 (B)
1 truckload @ $1.6700 (B)
1 truckload @ $1.6600 (B)
1 truckload @ $1.6550 (O)
None 1 truckload @ $1.6700
January 5 $1.6575 1 1 truckload @ $1.6575 (O) None 1 truckload @ $1.6600
January 4 $1.6600 0 None None 1 truckload @ $1.6600
January 3 $1.6700 1 1 truckload @ $1.6700 (B)
2 truckloads @ $1.6600 None
January 2 No   Trading    
Dec 26 - 30 $1.66313 AVG 28      
December 30 $1.6600 21 1 truckload @ $1.6600 (B)
1 truckload @ $1.6600 (O)
1 truckload @ $1.6550 (O)
1 truckload @ $1.6525 (O)
1 truckload @ $1.6500 (O)
1 truckload @ $1.6475 (O)
13 truckloads @ $1.6450 (B)
2 truckloads @ $1.6450 (O)
None None
December 29 $1.6550 0 None None 1 truckload @ $1.6550
December 28 $1.6675 7 1 truckload @ $1.6700 (O)
2 truckloads @ $1.6675 (O)
1 truckload @ $1.6650 (O)
1 truckload @ $1.6625 (O)
1 truckload @ $1.6600 (O)
1 truckload @ $1.6575 (O)
None 1 truckload @ $1.6700
December 27 $1.6700 0 None None 1 truckload @ $1.6700
December 26 No   Trading    

 

 

Barrels


2016 Barrel Trading2015 Barrel Trading2014 Barrel Trading

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
January 18 $1.6100 5 1 truckload @ $1.6100 (O)
1 truckload @ $1.6000 (O)
1 truckload @ $1.5900 (O)
1 truckload @ $1.5800 (O)
1 truckload @ $1.5700 (O)
None None
January 17 $1.6375 1 1 truckload @ $1.6450 (B) None 1 truckload @ $1.6375
January 16 NO   TRADING    
Jan 9 - 13 $1.6250 AVG 7      
January 13 $1.6400 0 None None None
January 12 $1.6400 0 None 2 truckloads @ $1.6800 None
January 11 $1.6400 2 1 truckload @ $1.6400 (B)
1 truckload @ $1.6350 (B)
1 truckload @ $1.6350 None
January 10 $1.6300 5 1 truckload @ $1.6300 (B)
1 truckload @ $1.6125 (B)
1 truckload@ $1.6075 (B)
1 truckload @ $1.6050 (B)
1 truckload @ $1.6025 (B)
None None
January 9 $1.5750 0 None None 4 truckloads @ $1.5650
Jan 2 - 6 $1.5900AVG 2      
January 6 $1.5750 0 None None 1 truckload @ $1.5750
January 5 $1.5950 0 None None None
January 4 $1.5950 0 None None None
January 3 $1.5950 2 1 truckload @ $1.6100 (B)
1 truckload @ $1.6000 (O)
None 1 truckload @ $1.5950
January 2 No   Trading    
Dec 26 - 30 $1.56188 AVG 17      
December 30 $1.6000 0 None 1 truckload @ $1.6000 None
December 29 $1.5575 5 2 truckloads @ $1.5875 (O)
2 truckloads @ $1.5775 (O)
1 truckload @ $1.5675 (O)
None 1 truckload @ $1.5575
December 28 $1.5575 10 7 truckloads @ $1.5800 (B)
1 truckload @ $1.5600 (O)
1 truckload @ $1.5500 (O)
1 truckload @ $1.5325 (B)
2 truckloads @ $1.5400 1 truckload @ $1.5575
December 27 $1.5325 2 1 truckload @ $1.5550 (B)
1 truckload @ $1.5400 (O)
None 1 truckload @ $1.5325
December 26 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

To review 2008 and 2009, visit Cheese Price Archives