CME Nonfat Dry Milk Trading Details

March 2017

2017 CME Nonfat Dry Milk Trading Details

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
March 29 $0.8075 1 1 truckload @ $0.8075 (O) 2 truckloads @ $0.7900 5 truckloads @ $0.8300

March 28 $0.8150 1 1 truckload @ $0.8125 (O) 1 truckload @ $0.8150
1 truckload @ $0.8075
2 truckloads @ $0.8000
1 truckload @ $0.8300

March 27 $0.8200 0 None 2 truckloads @ $0.8150
1 truckload @ $0.8000
2 truckloads @ $0.7900
1 truckload @ $0.8350

March 20 - 24 $0.8195 20      
March 24 $0.8200 17 1 truckload @ $0.8300 (B)
1 truckload @ $0.8300 (O)
4 truckloads @ $0.8275 (O)
3 truckloads @ $0.8250 (B)
3 truckloads @ $0.8250 (O)
1 truckload @ $0.8225 (B)
3 truckloads @ $0.8200 (B)
1 truckload @ $0.8175 (B)
None

1 truckload @ $0.8475
1 truckload @ $0.8350

March 23 $0.8450 0 None 1 truckload @ $0.8450
4 truckloads @ $0.8225
1 truckload @ $0.8200
3 truckloads @ $0.8100

1 truckload @ $0.8500

March 22 $0.8225 3 1 truckload @ $0.8200 (O)
1 truckload @ $0.8175 (O)
1 truckload @ $0.8100 (O)
1 truckload @ $0.8225
3 truckloads @ $0.8075
3 truckloads @ $0.8000
1 truckload @ $0.7800

1 truckload @ $0.8400
1 truckload @ $0.8375

March 21 $0.8050 0 None 1 truckload @ $0.8050
1 truckload @ $0.7950
1 truckload @ $0.7925
1 truckload @ $0.7900

1 truckload @ $0.8200
1 truckload @ $0.8175

March 20 $0.8050 0 None 1 truckload @ $0.7975
3 truckloads @ $0.7950
1 truckload @ $0.7925

1 truckload @ $0.8200

March 13 - 17 $0.8015 13      
March 17 $0.8050 0 None 1 truckload @ $0.8050
1 truckload @ $0.7950
1 truckload @ $0.7900
1 truckload @ $0.7875
1 truckload @ $0.7700

10 truckloads @ $0.8500
1 truckload @ $0.8200
1 truckload @ $0.8150
2 truckloads @ $0.8100

March 16 $0.7950 5 1 truckload @ $0.7950 (B)
2 truckloads @ $0.7900 (B)
1 truckload @ $0.7900 (O)
1 truckload @ $0.7875 (B)
1 truckload @ $0.7900
2 truckloads @ $0.7800
1 truckload @ $0.8100
1 truckload @ $0.8000
March 15 $0.7950 6 1 truckload @ $0.8050 (O)
3 truckloads @ $0.7900 (O)
2 truckloads @ $0.7875 (O)
1 truckload @ $0.7950
1 truckload @ $0.7875
1 truckload @ $0.7600
1 truckload @ $0.8025
1 truckload @ $0.8000
March 14 $0.8050 0 None 1 truckload @ $0.7900
10 truckload @ $0.7700
3 truckloads @ $0.8100
2 truckloads @ $0.8075
2 truckloads @ $0.8050
March 13 $0.8075 2 1 truckload @ $0.8075 (O)
1 truckload @ $0.8050 (O)
1 truckload @ $0.8050
1 truckload @ $0.8000
3 truckloads @ $0.7900
2 truckloads @ $0.8100
March 6 - 10 $0.8070 12      
March 10 $0.8100 4 4 truckloads @ $0.8100 (O)
1 truckload @ $0.8075
1 truckload @ $0.8025
1 truckload @ $0.7950
1 truckload @ $0.7900
3 truckloads @ $0.7800
1 truckload @ $0.8300
March 9 $0.8100 0 None

1 truckload @ $0.8075
1 truckload @ $0.8050
1 truckload @ $0.7975
1 truckload @ $0.7900
6 truckloads @ $0.8200


March 8 $0.8100 0 None

1 truckload @ $0.8100
5 truckloads @ $0.8000
1 truckload @ $0.8075
3 truckloads @ $0.7900
5 truckloads @ $0.8500
1 truckload @ $0.8375
1 truckload @ $0.8350
2 truckloads @ $0.8325
1 truckload @ $0.8300

March 7 $0.8000 8 2 truckloads @ $0.8000 (O)
2 truckloads @ $0.8000 (B)
3 truckloads @ $0.7975 (O)
1 truckload @ $0.7975 (B)

1 truckload @ $0.7975
1 truckload @ $0.7950
2 truckloads @ $0.7725
3 truckloads @ $0.7700
1 truckloads @ $0.9500

March 6 $0.8050 0 None
1 truckload @ $0.8025
1 truckload @ $0.8000
2 truckloads @ $0.7825
5 truckloads @ $0.7800
3 truckloads @$0.7700
2 truckloads @ $0.8125
1 truckload @ $0.8300
Feb 27 - Mar 3 $0.8075 8      
March 3 $0.8050 2 2 truckloads @ $0.8050 (B)
1 truckload @ $0.7900
1 truckload @ $0.7850
1 truckload @ $0.7800
5 truckloads @ $0.8500
March 2 $0.7925 2 1 truckload @ $0.7975 (O)
1 truckload @ $0.7900 (B)
1 truckload @ $0.7950
1 truckload @ $0.7925
1 truckload @ $0.7750
3 truckloads @ $0.7500
1 truckload @ $0.7200
1 truckload @ $0.8000
1 truckload @ $0.7975
March 1 $0.7925 2 2 truckloads @ $0.7925 (O) 1 truckload @ $0.7900
5 truckloads @ $0.7800
1 truckload @ $0.7600
1 truckload @ $0.7500
1 truckload @ $0.7300
1 truckload @ $0.8125
1 truckload @ $0.8100
1 truckload @ $0.8075
February 28 $0.8250 2 2 truckloads @ $0.8250 2 truckloads @ $0.8250
1 truckload @ $0.8225
1 truckload @ $0.8150
1 truckload @ $0.7800
1 truckload @ $0.8400
February 27 $0.8225 0 None 1 truckload @ $0.8150
1 truckload @ $0.8125
1 truckload @ $0.7925
1 truckload @ $0.7800
1 truckload @ $0.7700
1 truckload @ $0.8300

 

(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