Cheese Market: 2017 CME Cheese Block and Barrel Trading Details

 

May 2017

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

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
May 22 - 26 $1.6825 AVG 22      
May 26 $1.7325 2 1 truckload @ $1.7325 (B)
1 truckload @ $1.7200 (O)
None 1 truckload @ $1.7325
May 25 $1.7200 2

1 truckload @ $1.7200 (B)
1 truckload @ $1.7100 (B)

None None
May 24 $1.6650 5

1 truckload @ $1.6650 (O)
1 truckload @ $1.6600 (O)
1 truckload @ $1.6550 (O)
1 truckload @ $1.6500 (O)
1 truckload @ $1.6450 (O)

None 1 truckload @ $1.6700
May 23 $1.6450 5

2 truckloads @ $1.6500 (O)
1 truckload @ $1.6450 (B)
1 truckload @ $1.6450 (O)
1 truckload @ $1.6425 (O)

None 1 truckload @ $1.6500
May 22 $1.6500 8 5 truckloads @ $1.6600 (O)
1 truckload @ $1.6575 (O)
1 truckload @ $1.6550 (O)
1 truckload @ $1.6500 (O)
None 1 truckload @ $1.6500
May 15 - 19 $1.6595 AVG 10      
May 19 $1.6700 4 2 truckloads @ $1.6800 (O)
1 truckload @ $1.6700 (O)
1 truckload @ $1.6600 (O)
1 truckload @ $1.6525 1 truckload @ $1.6700
May 18 $1.6525 1 1 truckload @ $1.6525 (O)
None 1 truckload @ $1.6600
May 17 $1.6700 1 1 truckload @ $1.6700 (B)
None 1 truckload @ $1.6800
May 16 $1.6700 4 1 truckload @ $1.6700 (B)
2 truckloads @ $1.6600 (B)
1 truckload @ $1.6525 (B)
None None
May 15 $1.6350 0 None None 1 truckload @ $1.6400
May 8 - 12 $1.6130 AVG 13      
May 12 $1.6350 2 1 truckload @ $1.6300 (O)
1 truckload @ $1.6225 (O)
1 truckload @ $1.6350 1 truckload @ $1.6400
May 11 $1.6500 7 2 truckloads @ $1.6500 (O)
1 truckload @ $1.6400 (O)
2 truckloads @ $1.6300 (O)
1 truckload @ $1.6200 (O)
1 truckload @ $1.6100 (O)
1 truckload @ $1.6475 1 truckload @ $1.6600
May 10 $1.6000 3 1 truckload @ $1.6000 (O)
2 truckloads @ $1.5900 (B)
1 truckload @ $1.5900 1 truckload @ $1.6100
May 9 $1.5900 0 None None 1 truckload @ $1.5900
May 8 $1.5900 1 1 truckload @ $1.5900 (O)
None 1 truckload @ $1.6000
May 1 - 5 $1.5060 AVG 4      
May 5 $1.6000 4 1 truckload @ $1.6000 (B)
1 truckload @ $1.5900 (B)
1 truckload @ $1.5600 (B)
1 truckload @ $1.5500 (B)
None None
May 4 $1.4900 0 None 1 truckload @ $1.4900 None
May 3 $1.4800 0 None 1 truckload @ $1.4800 None
May 2 $1.4800 0 None None 1 truckload @ $1.4800
May 1 $1.4800 0 None None None

 

 

Barrels


2017 Barrel Trading2016 Barrel Trading2015 Barrel Trading2014 Barrel Trading

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
May 22 - 26 $1.4830 AVG 50      
May 26 $1.4800 8 2 truckloads @ $1.5200 (O)
3 truckloads @ $1.5125 (O)
2 truckloads @ $1.4850 (O)
1 truckload @ $1.4825 (O)
None 1 truckload @ $1.4800
May 25 $1.5200 21 1 truckload @ $1.5300 (O)
1 truckload @ $1.5200 (B)
2 truckloads @ $1.5200 (O)
2 truckloads @ $1.5100 (O)
4 truckloads @ $1.5000 (O)
3 truckloads @ $1.4900 (O)
3 truckloads @ $1.4800 (O)
5 truckloads @ $1.4700 (O)
2 truckloads @ $1.5000 1 truckload @ $1.5300
May 24 $1.4625 0 None None 1 truckload @ $1.4625
May 23 $1.4725 11 6 truckloads @ $1.4750 (O)
3 truckloads @ $1.4725 (O)
2 truckloads @ $1.4700 (O)
None 1 truckload @ $1.4750
May 22 $1.4800 10 3 truckloads @ $1.4800 (O)
3 truckloads @ $1.4700 (O)
4 truckloads @ $1.4650 (O)
None 2 truckloads @ $1.4800
May 15 - 19 $1.5020 AVG 39      
May 19 $1.4700 3 1 truckload @ $1.4700 (B)
1 truckload @ $1.4700 (O)
1 truckload @ $1.4675 (O)
1 truckload @ $1.4600 1 truckload @ $1.4700
May 18 $1.4700 14 2 truckloads @ $1.4900 (O)
7 truckloads @ $1.4875 (O)
3 truckloads @ $1.4850 (O)
2 truckloads @ $1.4700 (O)
None 1 truckload @ $1.4700
May 17 $1.5000 3 1 truckload @ $1.5050 (O)
2 truckloads @ $1.5025 (O)
None 1 truckload @ $1.5000
May 16 $1.5400 19 5 truckloads @ $1.5400 (O)
14 truckloads @ $1.5300 (O)
None 2 truckloads @ $1.5400
May 15 $1.5300 0 None None 3 truckloads @ $1.5300
May 8 - 12 $1.4920 AVG 25      
May 12 $1.5300 5 5 truckloads @ $1.5300 (O) 1 truckload @ $1.5100 3 truckloads @ $1.5300
May 11 $1.5600 10 1 truckload @ $1.5600 (O)
3 truckloads@ $1.5300 (B)
1 truckload @ $1.5300 (O)
1 truckload @ $1.5200 (B)
1 truckload @ $1.5100 (O)
2 truckloads @ $1.5000 (B)
1 truckload @ $1.4900 (O)
None 1 truckload @ $1.5700
May 10 $1.4600 0 None 1 truckload @ $1.4500 1 truckload @ $1.4600
May 9 $1.4600 10 3 truckloads @ $1.4600 (O)
4 truckloads @ $1.4500 (O)
1 truckloads @ $1.4400 (B)
2 truckloads @ $1.4400 (O)
2 truckloads @ $1.4550 1 truckload @ $1.4675
May 8 $1.4500 0 None None None
May 1 - 5 $1.4205 AVG 50      
May 5 $1.4500 24 1 truckload @ $1.4500 (B)
13 truckloads @ $1.4500 (O)
4 truckloads @ $1.4400 (O)
1 truckload @ $1.4350 (O)
3 truckloads @ $1.4300 (O)
1 truckload @ $1.4250 (O)
1 truckload @ $1.4200 (O)
10 truckloads @ $1.4400 2 truckloads @ $1.4600
May 4 $1.4200 4 1 truckload @ $1.4200 (O)
1 truckload @ $1.4150 (B)
1 truckload @ $1.4100 (O)
1 truckload @ $1.4000 (O)
2 truckloads @ $1.4000 3 truckloads @ $1.4200
May 3 $1.4000 24 7 trucklaods @ $1.4150 (O)
4 truckloads @ $1.4125 (O)
3 truckloads @ $1.4100 (O)
3 truckloads @ $1.4050 (O)
7 truckloads @ $1.4000 (O)
10 truckloads @ $1.4000 None
May 2 $1.4150 2 2 trucklaods @ $1.4150 (O) None 1 trucklaod @ $1.4150
May 1 $1.4175 0 None None 1 trucklaod @ $1.4175


(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