CME Nonfat Dry Milk Trading Details:
2018 NDM Trading Activity - 2017 NDM Trading Activity - 2016 NDM Trading Activity
January 2019
| Week Of | Closing Price | Volume | Trading | Unfilled Bids | Uncovered Offers |
| January 22 | $1.0150 | 1 | 1 truckload @ $1.0150 |
1 truckload @ $1.0125 2 truckloads @ $1.0100 |
5 truckloads @ $1.0500 |
| January 21 | NO | TRADING | |||
| January 14 - 18 | $1.0350 A | 15 | |||
| January 18 | $1.0300 | 5 | 1 truckload @ $1.0375 1 truckload @ $1.0325 1 truckload @ $1.0300 1 truckload @ $1.0275 1 truckload @ $1.0250 |
1 truckload @ $1.0250 2 truckloads @ $1.0225 1 truckload @ $1.0150 2 truckloads @ $1.0100 |
1 truckload @ $1.0700 |
| January 17 | $1.0275 | 3 | 1 truckload @ $1.0275 1 truckload @ $1.0225 1 truckload @ $1.0200 |
1 truckload @ $1.0275 1 truckload @ $1.0175 5 truckloads @ $1.0000 1 truckload @ $0.9000 |
1 truckload @ $1.0650 |
| January 16 | $1.0300 | 4 | 1 truckload @ $1.0425 1 truckload @ $1.0400 1 truckload @ $1.0375 1 truckload @ $1.0300 |
None | 1 truckload @ $1.0800 |
| January 15 | $1.0450 | 3 | 2 truckloads @ $1.0450 1 truckload @ $1.0425 |
1 truckload @ $1.0425 1 truckload @ $1.0350 1 truckload @ $1.0325 1 truckload @ $1.0300 |
3 truckloads @ $1.0750 |
| January 14 | $1.0425 | 0 | None | 1 truckload @ $1.0425 1 truckload @ $1.0325 1 truckload @ $1.0200 |
1 truckload @ $1.0650 |
| January 7 - 11 | $1.0045 A | 10 | |||
| January 11 | $1.0300 | 1 | 1 truckload @ $1.0300 | 1 truckload @ $1.0275 1 truckload @ $1.0250 |
1 truckload @ $1.0575 |
| January 10 | $1.0250 | 2 | 1 truckload @ $1.0250 1 truckload @ $1.0200 |
1 truckload @ $1.0200 1 truckload @ $1.0175 1 truckload @ $1.0100 |
5 truckloads @ $1.0500 1 truckload @ $1.0300 1 truckload @ $1.0275 |
| January 9 | $1.0025 | 4 | 1 truckload @ $1.0050 1 truckload @ $1.0025 2 truckloads @ $1.0000 |
1 truckload @ $0.9850 1 truckload @ $0.9700 |
1 truckload @ $1.0400 1 truckload @ $1.0300 2 truckloads @ $1.0200 1 truckload @ $1.0100 1 truckload @ $1.0050 |
| January 8 | $0.9900 | 3 | 1 truckload @ $0.9900 1 truckload @ $0.9800 1 truckload @ $0.9775 |
1 truckload @ $0.9900 1 truckload @ $0.9800 1 truckload @ $0.9750 1 truckload @ $0.9700 |
2 truckloads @ $1.0500 1 truckload @ $1.0000 |
| January 7 | $0.9750 | 0 | None | 1 truckload @ $0.9700 1 truckload @ $0.9500 |
1 truckload @ $1.1500 5 truckloads @ $1.0500 1 truckload @ $1.0000 1 truckload @ $0.9900 1 truckload @ $0.9850 |
| Dec 31 - Jan 4 | $0.95688 A | 5 | |||
| January 4 | $0.9750 | 1 | 1 truckload @ $0.9750 | 5 truckloads @ $0.9650 1 truckload @ $0.9625 1 truckload @ $0.9600 1 truckload @ $0.9400 |
5 truckloads @ $0.9900 1 truckload @ $0.9850 |
| January 3 | $0.9650 | 2 | 2 truckloads @ $0.9650 | 1 truckload @ $0.9575 1 truckload @ $0.9500 1 truckload @ $0.9425 3 truckloads @ $0.9400 1 truckload @ $0.9300 |
3 truckloads @ $0.9900 |
| January 2 | $0.9500 | 2 | 1 truckload @ $0.9550 1 truckload @ $0.9500 |
2 truckloads @ $0.9500 1 truckload @ $0.9475 1 truckload @ $0.9450 1 truckload @ $0.9400 1 truckload @ $0.9375 |
5 truckloads @ $0.9750 |
| January 1 | NO | TRADING | |||
| December 31 | $0.9375 | 0 | None | 1 truckload @ $0.9375 1 truckload @ $0.9350 1 truckload @ $0.9325 2 truckloads @ $0.9300 3 truckloads @ $0.9000 |
1 truckload @ $0.9600 1 truckload @ $0.9550 |
(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