2019 Dry Whey Market - CME Trading Activity

2018 Dry Whey Prices - 2018 Monthly Dry Whey Averages

 

August 2019

Week of: Closing Price Volume Trading Unfilled Bids Uncovered Offers
August 19 - 23 $0.3895 A 1      
August 23 $0.3950 0 None None 1 truckload @ $0.4000
August 22 $0.3950 0 None None 1 truckload @ $0.3950
August 21 $0.4000 1 1 truckload @ $0.4000 None None
August 20 $0.3875 0 None 1 truckload @ $0.3875 None
August 19 $0.3700 0 None 1 truckload @ $0.3700
1 truckload @ $0.3225
1 truckload @ $0.3200
None
August 12 - 16 $0.3620 A 5      
August 16 $0.3650 1 1 truckload @ $0.3650 None 1 truckload @ $0.3675
August 15 $0.3675 1 1 truckload @ $0.3675

None

None
August 14 $0.3675 1 1 truckload @ $0.3550

1 truckload @ $0.3675
1 truckload @ $0.3450

None
August 13 $0.3550 1 1 truckload @ $0.3550

2 truckloads @ $0.3550
1 truckload @ $0.3450

None
August 12 $0.3550 1 1 truckload @ $0.3550

1 truckload @ $0.3500
1 truckload @ $0.3400

None
August 5 - 9 $0.3490 A 1      
August 9 $0.3550 0 None

4 truckloads @ $0.3550

None
August 8 $0.3550 0 None 2 truckloads @ $0.3450
1 truckload @ $0.3350
None
August 7 $0.3550 1 1 truckload @ $0.3550 2 truckloads @ $0.3250
1 truckload @ $0.3600
August 6 $0.3400 0 None 1 truckload @ $0.3325
1 truckload @ $0.3200
None
August 5 $0.3400 0 None 1 truckload @ $0.3300 None
July 29 -Aug 2 $0.3400 A 2      
August 2 $0.3400 0 None 1 truckload @ $0.3350 1 truckload @ $0.3500
August 1 $0.3400 1 1 truckload @ $0.3400 2 truckloads @ $0.3300
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