CME Nonfat Dry Milk Trading Details:

2019 NDM Trading Activity - 2018 NDM Trading Activity - 2017 NDM Trading Activity - 2016 NDM Trading Activity

 

July 2019

Week Of Closing Price Volume Trading Unfilled Bids Uncovered Offers
July 16 $1.0250 0 None 1 truckload @ $1.0200
1 truckload @ $1.0075
1 truckload @ $1.0050
1 truckload @ $1.0000
1 truckload @ $1.0300
1 truckload @ $1.0250
July 15 $1.0275 2 1 truckload @ $1.0275
1 truckload @ $1.0250
1 truckload @ $1.0200
1 truckload @ $1.0025
2 truckloads @ $1.0000
5 truckloads @ $1.0700
2 truckloads @ $1.0300
July 8 - 12 $1.0345 A 7      
July 12 $1.0275 2 1 truckload @ $1.0300
1 truckload @ $1.0250
1 truckload @ $1.0275
1 truckload @ $1.0250
1 truckload @ $1.0225
2 truckloads @ $1.0200
1 truckload @ $1.0125
1 truckload @ $1.0100
1 truckload @ $1.0350
1 truckload @ $1.0325
1 truckload @ $1.0300
July 11 $1.0300 2 2 truckloads @ $1.0300 2 truckloads @ $1.0300
1 truckload @ $1.0250
1 truckload @ $1.0125
1 truckload @ $1.0100
1 truckload @ $1.0000

1 truckload @ $1.0400
1 truckload @ $1.0375
2 truckloads @ $1.0350

July 10 $1.0375 2 1 truckload @ $1.0375
1 truckload @ $1.0350
3 truckloads @ $1.0350
1 truckload @ $1.0300
1 truckload @ $1.0250
1 truckload @ $1.0200
1 truckload @ $1.0150
2 truckloads @ $1.0525
1 truckload @ $1.0500
1 truckload @ $1.0400
1 truckload @ $1.0375
July 9 $1.0375 1 1 truckload @ $1.0375 2 truckloads @ $1.0350
2 truckloads @ $1.0300
1 truckload @ $1.0250
2 truckloads @ $1.0200
3 truckloads @ $1.0550
1 truckload @ $1.0500
1 truckload @ $1.0475
1 truckload @ $1.0450
1 truckload @ $1.0425
July 8 $1.0400 0 None 1 truckload @ $1.0275
1 truckload @ $1.0250
1 truckload @ $1.0200
1 truckload @ $1.0125
1 truckload @ $1.0100
5 truckloads @ $1.0525
1 truckload @ $1.0450
July 1 - 5 $1.0456 A 0      
July 5 $1.0400 0 None 1 truckload @ $1.0350
1 truckload @ $1.0525
1 truckload @ $1.0475
1 truckload @ $1.0425
1 truckload @ $1.0400
July 4     No Trading    
July 3 $1.0450 0 None 1 truckload @ $1.0250
1 truckload @ $1.0200
3 truckloads @ $1.0550
1 truckload @ $1.0500
1 truckload @ $1.0475
1 truckload @ $1.0450
July 2 $1.0475 0 None 1 truckload @ $1.0200 1 truckload @ $1.0625
1 truckload @ $1.0525
1 truckload @ $1.0475
July 1 $1.0500 0 None 1 truckload @ $1.0400
1 truckload @ $1.0350
1 truckload @ $1.0300
1 truckload @ $1.0275
1 truckload @ $1.0250
1 truckload @ $1.0575
1 truckload @ $1.0550

 

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

Definitions:

1 truckload = A truckload of nonfat dry milk 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 nonfat dry milk buyer to purchase nonfat dry milk at the price they specified.
Uncovered offer: Is the unsuccessful attempt by a nonfat dry milk seller to sell nonfat dry milk 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