CME Nonfat Dry Milk Trading Details:
2020 NDM Trading Activity - 2019 NDM Trading Activity - 2018 NDM Trading Activity - 2017 NDM Trading Activity -
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August 2020
| Week Of | Closing Price | Volume | Trading | Unfilled Bids | Uncovered Offers |
| August 6 | $0.9550 | 5 | 1 truckload @ $0.9550 3 truckloads @ $0.9525 1 truckload @ $0.9500 |
1 truckload @ $0.9500 1 truckload @ $0.9475 1 truckload @ $0.9425 1 truckload @ $0.9325 |
11 truckloads @ $0.9850 |
| August 5 | $0.9725 | 1 | 1 truckload @ $0.9725 | 1 truckload @ $0.9675 1 truckload @ $0.9650 1 truckload @ $0.9550 2 truckloads @ $0.9450 |
1 truckload @ $0.9900 1 truckload @ $0.9800 1 truckload @ $0.9775 1 truckload @ $0.9725 |
| August 4 | $0.9450 | 0 | None | 3 truckloads @ $0.9300 1 truckload @ $0.9250 1 truckload @ $0.8600 |
5 truckloads @ $0.9900 1 truckload @ $0.9650 1 truckload @ $0.9600 1 truckload @ $0.9500 1 truckload @ $0.9475 1 truckload @ $0.9450 |
| August 3 | $0.9650 | 6 | 1 truckload @ $0.9700 1 truckload @ $0.9675 3 truckloads @ $0.9650 1 truckload @ $0.9625 |
1 truckload @ $0.9650 1 truckload @ $0.9600 1 truckload @ $0.9550 1 truckload @ $0.9500 |
1 truckload @ $1.0100 1 truckload @ $0.9850 1 truckload @ $0.9750 |
| July 27 - 31 | $0.9880 A | 7 | |||
| July 31 | $0.9775 | 1 | 1 truckload @ $0.9775 | 3 truckloads @ $0.9750 1 truckload @ $0.9700 1 truckload @ $0.9675 |
1 truckload @ $1.0025 5 truckloads @ $0.9900 1 truckload @ $0.9875 1 truckload @ $0.9800 |
| July 30 | $0.9900 | 2 | 2 truckloads @ $0.9950 | 1 truckload @ $0.9800 | 2 truckloads @ $0.9900 |
| July 29 | $0.9925 | 1 | 1 truckload @ $0.9925 | 2 truckloads @ $0.9850 1 truckload @ $0.9825 |
6 truckloads @ $1.0100 1 truckload @ $1.0000 |
| July 28 | $0.9900 | 3 | 1 truckload @ $0.9950 1 truckload @ $0.9900 1 truckload @ $0.9875 |
4 truckloads @ $0.9850 1 truckload @ $0.9825 |
1 truckload @ $1.0025 2 truckloads @ $1.0000 |
| July 27 | $0.9900 | 0 | None | 1 truckload @ $0.9850 1 truckload @ $0.9825 2 truckloads @ $0.9700 |
1 truckload @ $1.0350 1 truckload @ $1.0250 |
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