CME Nonfat Dry Milk Trading Details

May 2017

2017 CME Nonfat Dry Milk Trading Details

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
May 22 - 26 $0.9280 31      
May 26 $0.9275 0 None 1 truckload @ $0.9250
1 truckload @ $0.9150
2 truckloads @ $0.9100

7 truckloads @ $0.9500
2 truckloads @ $0.9450
2 truckloads @ $0.9375
1 truckload @ $0.9275

May 25 $0.9300 17 1 truckload @ $0.9400 (O)
5 truckloads @ $0.9375 (O)
1 truckload @ $0.9350 (B)
4 truckloads @ $0.9350 O)
1 truckload @0.9325 (O)
4 truckloads @ $0.9300 (B)
1 truckload @ $0.9300 (O)

1 truckload @ $0.9275
1 truckload @ $0.8900

1 truckload @ $0.9400
10 truckloads @ $0.9375

May 24 $0.9275 6 1 truckload @ $0.9250 (O)

1 truckload @ $0.9275

1 truckload @ $0.9400
1 truckload @ $0.9350
1 truckload @ $0.9325
3 truckloads @ $0.9300

May 23 $0.9300 6 4 truckloads @ $0.9300 O)
1 truckload @ $0.9250 (B)
1 truckload @ $0.9225 (O)

1 truckload @ $0.9300

1 truckload @ $0.9350

May 22 $0.9250 2 1 truckload @ $0.9275 (O)
1 truckload @$0.9250 (B)

1 truckload @ $0.9250
1 truckload @ $0.8950
3 truckloads @ $0.8800

1 truckload @ $0.9350
1 truckload @ $0.9300

May 15 - 19 $0.8945 33      
May 19 $0.9150 4 1 truckload @ $0.9175 (B)
1 truckload @$0.9150 (B)
1 truckload @ $0.9125 (B)
1 truckload @ $0.9100 (O)
2 truckloads @ $0.9125
1 truckload @ $0.9050
1 truckload @ $0.8900

5 truckloads @ $0.9500

May 18 $0.8950 0 None 1 truckload @ $0.8900
1 truckload @ $0.8875
1 truckload @ $0.8750

7 truckloads @ $0.9200
1 truckload @ $0.8950

May 17 $0.8975 16 6 truckloads @ $0.9000 (O)
5 truckloads @ $0.8975 (B)
2 truckloads @ $0.8950 (B)
1 truckload @ $0.8900 (B)
2 truckloads @ $0.8875 (B)
1 truckload @ $0.8975
1 truckload @ $0.8925
1 truckload @ $0.8900

1 truckload @ $0.9100
1 truckload @ $0.9025
4 truckloads @ $0.9000

May 16 $0.8825 1 1 truckload @ $0.8825 (B)

1 truckload @ $0.8825
1 truckload @ $0.8800
1 truckload @ $0.8775
1 truckload @ $0.8750
1 truckload @ $0.8725
1 truckload @ $0.8700

None

May 15 $0.8825 12 1 truckload @ $0.8825 (B)
7 truckloads @ $0.8800 (O)
1 truckload @ $0.8775 (B)
1 truckload @ $0.8750 (B)
2 truckloads @ $0.8725 (B)
1 truckload @ $0.8750

2 truckloads @ $0.9000
5 truckloads@ $0.8900

May 8 - 12 $0.8580 16      
May 12 $0.8625 0 None 1 truckload @ $0.8250
1 truckload @ $0.8475

10 truckloads @ $0.9100
10 truckloads@ $0.8900

May 11 $0.8625 2 1 truckload @ $0.8700 (B)
1 truckload @ $0.8625 (O)

1 truckload @ $0.8600
1 truckload @ $0.8500

5 truckloads @ $0.9200
5 truckllads@ $0.8900
1 truckload @ $0.8800
1 truckload @ $0.8775
1 truckload @ $0.8625

May 10 $0.8575 2 1 truckload @ $0.8600 (O)
1 truckload @ $0.8575 (B)

1 truckload @ $0.8575
2 truckloads @ $0.8500

14 truckloads @ $0.8725
1 truckload @ $0.8650

May 9 $0.8575 5 1 truckload @ $0.8600 (B)
2 truckloads @ $0.8575 (B)
2 truckloads @ $0.8550 (B)
2 truckloads @ $0.8575
2 truckloads @ $0.8500

10 truckloads @ $0.9500
8 truckloads @ $0.9200
10 truckloads @ $0.8950

May 8 $0.8500 7 1 truckload @ $0.8425 (O) 2 truckloads @ $0.8500

5 truckloads @ $0.8900

May 1 - 5 $0.8520 13      
May 5 $0.8450 7 1 truckload @ $0.8500 (B)
2 truckloads @ $0.8500 (O)
3 truckloads @ $0.8450 (B)
1 truckload @ $0.8425 (O)
1 truckload @ $0.8450

10 truckloads @ $0.9000
1 truckload @ $0.8700

May 4 $0.8500 0 None 1 truckload @ $0.8475
1 truckload @ $0.8450
1 truckload @ $0.8400

2 truckloads @ $0.8900
3 truckloads @ $0.8700
1 truckload @ $0.8500

May 3 $0.8525 3 1 truckload @ $0.8525 (B)
2 truckloads @ $0.8475 (O)
1 truckload @ $0.8500
1 truckload @ $0.8450
1 truckload @ $0.8400

None

May 2 $0.8525 3 1 truckload @ $0.8525 (B)
2 truckloads @ $0.8450 (O)
1 truckload @ $0.8400

1 truckload @ $0.8600

May 1 $0.8600 0 None 4 truckloads @ $0.8500
5 truckloads @ $0.8200

3 truckloads @ $0.8900
1 truckload @ $0.8800
1 truckload @ $0.8750
1 truckload @ $0.8700
1 truckload @ $0.8600

 

(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