2019 Dry Whey Market - CME Trading Activity

2018 Dry Whey Prices - 2018 Monthly Dry Whey Averages

 

June 2019

Week of: Closing Price Volume Trading Unfilled Bids Uncovered Offers
June 25 $0.3550 7 2 truckloads @ $0.3575
5 truckloads @ $0.3550
1 truckload @ $0.3550
1 truckload @ $0.3525
1 truckload @ $0.3500
1 truckload @ $0.3575
June 24 $0.3525 2 1 truckload @ $0.3525
1 truckload @ $0.3475
1 truckload @ $0.3500
1 truckload @ $0.3475
3 truckloads @ $0.3450
1 truckload @ $0.3425
1 truckload @ $0.3300
None
June 17 - 21 $0.3450 A 11      
June 21 $0.3425 0 None 2 truckloads @ $0.3300 None
June 20 $0.3425 0 None 2 truckloads @ $0.3350
1 truckload @ $0.3300
None
June 19 $0.3425 0 None 1 truckload @ $0.3400
3 truckloads @ $0.3350
None
June 18 $0.3425 10 5 truckloads @ $0.3525
1 truckload @ $0.3500
2 truckloads @ $0.3475
1 truckload @ $0.3450
1 truckload @ $0.3425
2 truckloads @ $0.3400
1 truckload @ $0.3375
1 truckload @ $0.3450
June 17 $0.3550 1 1 truckload @ $0.3550 2 truckloads @ $0.3525
1 truckload @ $0.3450
1 truckload @ $0.3400
None
June 10 - 14 $0.3595 A 4      
June 14 $0.3625 1 1 truckload @ $0.3625 1 truckload @ $0.3575
1 truckload @ $0.3550
1 truckload @ $0.3500
None
June 13 $0.3625 2 1 truckload @ $0.3625
1 truckload @ $0.3600
1 truckload @ $0.3600
1 truckload @ $0.3575
1 truckload @ $0.3550
None
June 12 $0.3575 0 None 1 truckload @ $0.3525 None
June 11 $0.3575 0 None 1 truckload @ $0.3525 None
June 10 $0.3575 1 1 truckload @ $0.3575 1 truckload @ $0.3550
1 truckload @ $0.3525
1 truckload @ $0.3600
June 3 - 7 $0.3590 A 2      
June 7 $0.3650 1 1 truckload @ $0.3650 1 truckload @ $0.3625
1 truckload @ $0.3550
None
June 6 $0.3675 1 1 truckload @ $0.3675 1 truckload @ $0.3650
1 truckload @ $0.3575
1 truckload @ $0.3500
None
June 5 $0.3575 0 None 1 truckload @ $0.3575
2 truckloads @ $0.3500
None
June 4 $0.3525 0 None 1 truckload @ $0.3525
1 truckload @ $0.3500
None
June 3 $0.3525 0 None 1 truckload @ $0.3500
1 truckload @ $0.3475
None

 

(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