Cheese Market: CME Cheese Block and Barrel Trading Details

April

2015 Block Trading 2014 Block Trading2013 Block TradingSee 2012 Block Trading2011 Block Trading

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
April 27 $1.6100 2 2 truckloads @ $1.6100(B) None None
April 20 - 24 AVG: $1.6025 7
April 24 $1.6100 0 None 2 truckloads @ $1.6100 None
April 23 $1.6100 0 None 1 truckload @ $1.6100 1 truckload @ $1.6200
April 22 $1.6100 6 1 truckload @ $1.6100(B)
1 truckload @ $1.6075(B)
4 truckloads @ $1.6075(O)
None 1 truckload @ $1.6125
April 21 $1.6075 1 1 truckload @ $1.5800(B) 1 truckload @ $1.6075 None
April 20 $1.5750 0 None None None
April 13 - 17 AVG: $1.5740 2
April 17 $1.5750 1 1 truckload @ $1.5750(B) 1 truckload @ $1.5725 None
April 16 $1.5725 0 None 1 truckload @ $1.5725 None
April 15 $1.5725 0 None None None
April 14 $1.5725 1 1 truckload @ $1.5725(O) None None
April 13 $1.5775 0 None None None
April 6 - 10 AVG: $1.5775 2
April 10 $1.5775 0 None 1 truckload @ $1.5775 None
April 9 $1.5775 0 None 1 truckload @ $1.5775 None
April 8 $1.5775 0 None 2 truckloads @ $1.5775 None
April 7 $1.5775 0 None None None
April 6 $1.5775 2 2 truckloads @ $1.5775(O) None None
March 30 - April 3 AVG: $1.57625 6
April 3 No   Trading    
April 2 $1.5800 0 None None 1 truckload @ $1.5850
April 1 $1.5800 6 1 truckload @ $1.5800(B)
5 truckloads @ $1.5800(O)
None None
March 31 $1.5800 0 None 1 truckload @ $1.5800 None
March 30 $1.5650 0 None 1 truckload @ $1.5650 None
March 23 - 27 AVG: $1.5325 7

 

 

Barrels


2015 Barrel Trading 2014 Barrel Trading2013 Barrel Trading2012 Barrel Trading2011 Barrel Trading

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
April 27 $1.6200 0 None None None
April 20 - 24 AVG: $1.6220 1
April 24 $1.6200 0 None None None
April 23 $1.6200 0 None None None
April 22 $1.6200 1 1 truckload @ $1.6200(O) None None
April 21 $1.6250 0 None 1 truckload @ $1.6250 None
April 20 $1.6250 0 None None None
April 13 - 17 AVG: $1.6150 3
April 17 $1.6250 1 1 truckload @ $1.6250(B) None None
April 16 $1.6150 0 None None None
April 15 $1.6150 0 None 1 truckload @ $1.6150 None
April 14 $1.6100 1 None None 1 truckload @ $1.6100
April 13 $1.6100 1 None None None
April 6 - 10 AVG: $1.6070 2
April 10 $1.6100 1 1 truckload @ $1.6100(B) 1 truckload @ $1.6000 2 truckloads @ $1.6200
April 9 $1.6100 0 None None None
April 8 $1.6100 0 None None None
April 7 $1.6100 1 1 truckload @ $1.6100(B) None None
April 6 $1.5950 0 None None None
March 30 - April 3 AVG: $1.58875 3
April 3 No   Trading    
April 2 $1.5950 0 None None 1 truckload @ $1.6000
April 1 $1.5950 1 1 truckload @ $1.5950(O) None None
March 31 $1.6000 0 None 1 truckload @ $1.6000 None
March 30 $1.5650 2 2 truckloads @ $1.5650(B) 2 truckloads @ $1.5650 None
March 23 - 27 AVG: $1.5150 10

(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