2018 Dry Whey Market - CME Trading Activity

Dry Whey Prices: March 2018 to Current - Monthly Dry Whey Averages Since April 2018

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
October 15- 19 $0.5715 A 2      
October 19 0.5750 0 None None 1 truckload @ $0.5850
October 18 0.5750 0 None 1 truckload @ $0.5650 None
October 17 0.5750 2 2 truckloads @ $0.5750 (O) 1 truckload @ $0.5625 None
October 16 0.5700 0 None 1 truckload @ $0.5700 None
October 15 0.5625 0 None None 1 truckload @ $0.6000
October 8 - 12 $0.5605 A 3      
October 12 0.5625 0 None 1 truckload @ $0.5575 None
October 11 0.5625 0 None 1 truckload @ $0.5000
None
October 10 0.5625 2 1 truckload @ $0.5600 (B)
1 truckload @ $0.5625 (B)
1 truckload @ $0.5600
None
October 9 0.5575 0 None 1 truckload @ $0.5550
None
October 8 0.5575 1 1 truckload @ $0.5575 (O) 1 truckload @ $0.5100
1 truckload @ $0.5025
None
October 1 - 5 $0.5590 A 1      
October 5 0.5625 0 None None None
October 4 0.5625 1 1 truckload @ $0.5625 (B) 1 truckload @ $0.5500 None
October 3 0.5600 0 None 1 truckload @ $0.5550 1 truckload @ $0.5600
October 2 0.5600 0 None 1 truckload @ $0.5600
1 truckload @ $0.5500
None
October 1 0.5500 0 None None None
Sept 24 - 28 $0.5365 A 2      

 

(O) = Offer based sale (B) = Bid based sale

Definitions:

1 truckload = A truckload of dry whey may weight 44,000 pounds
The ad price is quoted in cents per pound

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 dry whey buyer to purchase dry whey at the price they specified.
Uncovered offer: Is the unsuccessful attempt by a dry whey seller to sell dry whey at the price they specified.

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