CME Dry Whey Trading Details

August 2018

January - June 2018's Dry Whey Trading

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
August 14 0.4450 0

None

1 truckload @ $0.4450
1 truckload @ $0.4100

None

August 13 0.4425 0

None

1 truckload @ $0.4400

None

August 6 - 10 $0.4390 A 2      
August 10 0.4425 0

None

1 truckload @ $0.4425
1 truckload @ $0.4300

None

August 9 0.4400 0

None

2 truckloads @ $0.4300

None

August 8 0.4400 1

1 truckload @ $0.4400 (B)

1 truckload @ $0.4300

1 truckload @ $0.4450

August 7 0.4375 1

1 truckload @ $0.4375 (B)

1 truckload @ $0.4225
2 truckloads @ $0.4000

None

August 6 0.4350 0

None

1 truckload @ $0.4350

None

July 30 - Aug 3 $0.4300 A 0      
August 3 0.4350 0

None

1 truckload @ $0.4350
1 truckload @ $0.4300

None

August 2 0.4325 0

None

1 truckload @ $0.4325

1 truckload @ $0.4500

August 1 0.4325 0

None

1 truckload @ $0.4325
1 truckload @ $0.3925
1 truckload @ $0.3900

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