Cheese Market: 2018 CME Cheese Block and Barrel Trading Details

August 2018


Blocks

2017 Block Trading2018 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 Trading2016 Barrel Trading2015 Barrel Trading2014 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