CME Nonfat Dry Milk Trading Details

January 2018

2017 CME Nonfat Dry Milk Trading Details

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
January 8 - 12 $0.6700 14      
January 12 0.6675 3 1 truckload @ $0.6725 (B)
1 truckload @ $0.6700 (B)
1 truckload @ $0.6675 (O)

1 truckload @ $0.6650
1 truckload @ $0.6600

1 truckloads @ $0.6900
1 truckload @ $0.6875
2 truckloads @ $0.6750
1 truckload @ $0.6725

January 11 0.6700 1 1 truckload @ $0.6700 (B)

1 truckload @ $0.6650
3 truckloads @ $0.6600
1 truckload @ $0.6450

1 truckload @ $0.6950
10 truckloads @ $0.6900
1 truckload @ $0.6875
2 truckloads @ $0.6750
1 truckload @ $0.6725

January 10 0.6650 2 1 truckload @ $0.6650 (B)
1 truckload @ $0.6600 (O)

1 truckload @ $0.6625
1 truckload @ $0.6500
1 truckload @ $0.6425

None

January 9 0.6700 7 1 truckload @ $0.6750 (B)
2 truckloads @ $0.6725 (B)
1 truckload @ $0.6700 (B)
2 truckloads @ $0.6700 (B)
1 truckload @ $0.6675 (B)

1 truckload @ $0.6675
2 truckloads @ $0.6650
5 truckload @ $0.6625
1 truckload @ $0.6500
1 truckload @ $0.6400

2 truckloads @ $0.6950
2 truckloads @ $0.6900

January 8 0.6775 1 1 truckload @ $0.6775 (O)

1 truckload @ $0.6600
1 truckload @ $0.6575

5 truckloads @ $0.7000

January 1 - 5 $0.6725 6      
January 5 0.6800 1 1 truckload @ $0.6800 (O)

1 truckload @ $0.6750
1 truckload @ $0.6675
1 truckload @ $0.6600
1 truckload @ $0.6400

10 truckloads @ $0.7000

January 4 0.6700 3 1 truckload @ $0.6700 (O)
1 truckload @ $0.6625 (B)
1 truckload @ $0.6550 (O)

1 truckload @ $0.6700
1 truckload @ $0.6650
1 truckload @ $0.6600

10 truckloads @ $0.7000
10 truckloads @ $0.6925
1 truckload @ $0.6750

January 3 0.6700 0 None

1 truckload @ $0.6650
1 truckload @ $0.6625
1 truckload @ $0.6600
1 truckload @ $0.6200

1 truckload @ $0.6750

January 2 0.6700 2 1 truckload @ $0.6675 (O)
1 truckload @ $0.6650 (O)

1 truckload @ $0.6700
2 truckloads @ $0.6650
1 truckload @ $0.6600
1 truckload @ $0.6575
2 truckloads @ $0.6500

1 truckload @ $0.6950
1 truckload @ $0.6900
1 truckload @ $0.6725

January 1 NO   TRADING


 

Dec 25 - 29 $0.66438 13      
December 29 0.6775 2 1 truckload @ $0.6800 (O)
1 truckload @ $0.6775 (B)

1 truckload @ $0.6750
1 truckload @ $0.6700
1 truckload @ $0.6600

1 truckload @ $0.6950
1 truckload @ $0.6800

December 28 0.6700 5 1 truckload @ $0.6725 (O)
4 truckloads @ $0.6700 (O)
1 truckload @ $0.6600 10 truckloads @ $0.7100
11 truckloads @ $0.6900
1 truckload @ $0.6850
5 truckloads @ $0.6750
December 27 0.6600 2 1 truckload @ $0.6600 (O)
1 truckload @ $0.6525 (B)

2 truckloads @ $0.6550
1 truckload @ $0.6500
1 truckload @ $0.6400

5 truckloads @ $0.6650

December 26 0.6500 4 1 truckload @ $0.6525 (B)
1 truckload @ $0.6500 (O)
2 truckloads @ $0.6450 (O)

1 truckload @ $0.6450
1 truckload @ $0.6250

2 truckloads @ $0.6700
1 truckload @$0.6600

December 25     No Trading

 

 

 

(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