CME Nonfat Dry Milk Trading Details

September 2017

2017 CME Nonfat Dry Milk Trading Details

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
Sept 18 - 22 $0.8240 13      
September 22 0.8225 1 1 truckload @ $0.8225 (B) 1 truckload @ $0.8225
1 truckload @ $0.8150
1 truckload @ $0.8100
2 truckloads @ $0.8000

1 truckload @ $0.8400
1 truckload @ $0.8300

September 21 0.8200 6 1 truckload @ $0.8225 (O)
3 truckloads @ $0.8200 (O)
1 truckload @ $0.8175 (O)
1 truckload @ $0.8150 (O)
1 truckload @ $0.8200
1 truckload @ $0.8125
3 truckloads @ $0.7700
5 truckloads @ $0.7300

1 truckload @ $0.8300
1 truckload @ $0.8250

September 20 0.8200 4 2 truckloads @ $0.8275 (O)
1 truckload @ $0.8225 (B)
1 truckload @ $0.8200 (B)
1 truckload @ $0.8200
1 truckload @ $0.8175

1 truckload @ $0.8400
1 truckload @ $0.8300

September 19 0.8350 2 1 truckload @ $0.8400 (O)
1 truckload @ $0.8350(B)
2 truckloads @ $0.8300
1 truckload @ $0.8200
1 truckload @ $0.8175
1 truckload @ $0.8025

1 truckload @ $0.8350

September 18 0.8225 0 None 2 truckloads @ $0.8200
1 truckload @ $0.8025
1 truckload @ $0.8000

1 truckload @ $0.8400

Sept 11 - 15 $0.8245 16      
September 15 0.8225 2 1 truckload @ $0.8325 (B)
1 truckload @ $0.8225 (B)
1 truckload @ $0.8200
1 truckload @ $0.8000

1 truckload @ $0.8400
1 truckload @ $0.8375

September 14 0.8275 2

1 truckload @ $0.8300 (B)
1 truckload @ $0.8275 (B)

1 truckload @ $0.8275
1 truckload @ $0.8250
2 truckloads @ $0.8200
1 truckload @ $0.8100

5 truckloads @ $0.8500
1 truckload @ $0.8450

September 13 0.8325 4

1 truckload @ $0.8400 (O)
1 truckload @ $0.8350 (B)
1 truckload @ $0.8325 (B)
1 truckload @ $0.8300 (O)

1 truckload @ $0.8275
1 truckload @ $0.8250
1 truckload @ $0.8225
1 truckload @ $0.8200

2 truckloads @ $0.8450
1 truckload @ $0.8325

September 12 0.8200 1

1 truckload @ $0.8200 (O)

1 truckload @ $0.8200
1 truckload @ $0.8175
1 truckload @ $0.8125
1 truckload @ $0.8050
1 truckload @ $0.8025
3 truckloads @ $0.8000

None

September 11 0.8200 7

2 truckloads @ $0.8250 (B)
1 truckload @ $0.8200 (B)
2 truckloads @ $0.8200 (O)
1 truckload @ $0.8175 (B)
1 truckload @ $0.8175 (O)

1 truckload @ $0.8175
1 truckload @ $0.8150
2 truckloads @ $0.8000

2 truckloads @ $0.8300

Sept 4 - 8 $0.84375 7      
September 8 0.8250 6 2 truckloads @ $0.8325 (O)
2 truckloads @ $0.8250 (B)
1 truckload @ $0.8200 (B)
1 truckload @ $0.8150 (O)
1 truckload @ $0.8175
5 truckloads @ $0.8100

1 truckload @ $0.8300
1 truckload @ $0.8250

September 7 0.8425 0 None 1 truckload @ $0.8400
1 truckload @ $0.8325
1 truckload @ $0.8300
3 truckloads @ $0.8000

1 truckload @ $0.8500
2 truckloads @ $0.8450
1 truckload @ $0.8425

September 6 0.8525 0 None 1 truckload @ $0.8475
1 truckload @ $0.8425
1 truckload @ $0.8450
1 truckload @ $0.8350
10 truckloads @ $0.8100

5 truckloads @ $0.8600
1 truckload @ $0.8525

September 5 0.8550 1 1 truckload @ $0.8450 (B) 2 truckloads @ $0.8550
1 truckload @ $0.8500

5 truckloads @ $0.8675
1 truckload @ $0.8575

September 4 No Trading    

 

Aug 28 - Sep 1 $0.8550 Avg 7      
September 1 0.8625 0 None 1 truckload @ $0.8575
1 truckload @ $0.8500
1 truckload @ $0.8475
1 truckload @ $0.8450
3 truckloads @ $0.8350

5 truckloads @ $0.8900
1 truckload @ $0.8700

August 31 0.8625 4 1 truckload @ $0.8625 (B)
3 truckloads @ $0.8600 (B)
1 truckload @ $0.8600
1 truckload @ $0.8575
1 truckload @ $0.8550
1 truckload @ $0.8475
2 truckloads @ $0.8450

5 truckloads @ $0.8700
1 truckload @ $0.8675
1 truckload @ $0.8650

August 30 0.8600 3 2 truckloads @ $0.8600 (O)
1 truckload @ $0.8575 (O)
1 truckload @ $0.8525
1 truckload @ $0.8475
1 truckload @ $0.8450

2 truckloads @ $0.8600

August 29 0.8450 0 None 1 truckload @ $0.8350

1 truckload @ $0.8600
1 truckload @ $0.8500

August 28 0.8450 0 None 1 truckload @ $0.8300
1 truckload @ $0.8275
2 truckloads @ $0.8250

1 truckload @ $0.8500

 

(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