CME Nonfat Dry Milk Trading Details

February 2017

2017 CME Nonfat Dry Milk Trading Details

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
Feb 13 - 17 $0.8925 10      
February 17 $0.8700 2 1 truckload @ $0.8700 (O)
1 truckload @ $0.8675 (O)
3 truckloads @ $0.8650 2 truckload @ $0.8700
February 16 $0.8800 1 1 truckload @ $0.8800 (B) 2 truckloads @ $0.8750
1 truckload @ $0.8550
1 truckload @ $0.8400

1 truckload @ $0.8950
1 truckload @ $0.8850

February 15 $0.9100 2 2 truckloads @ $0.9100 (B) 1 truckload @ $0.9025
1 truckload @ $0.9000
1 truckload @ $0.8900
1 truckload @ $0.8850

1 truckload @ $0.9300

February 14 $0.9025 4 2 truckloads @ $0.9000 (O)
1 truckload @ $0.8975 (O)
1 truckload @ $0.9025 (B)
2 truckloads @ $0.8750
2 truckloads @ $0.9000

2 truckloads @ $0.9300
1 truckload @ $0.9200
1 truckload @$0.9100

February 13 $0.9000 1 1 truckload @ $0.9000 (O) 2 truckloads @ $0.8800
1 truckload @ $0.8775
1 truckload @ $0.9500
1 truckload @ $0.9025
Feb 6 -10 $0.9465 19      
February 10 $0.9200 3 1 truckload @ $0.9325 (B)
1 truckload @ $0.9300 (B)
1 truckload @ $0.9200 (O)
2 truckloads @ $0.9125 1 truckload @ $0.9600
February 9 $0.9625 10 1 truckload @ $0.9625 (O)
3 truckloads @ $0.9600 (B)
6 truckloads @ $0.9600 (O)
1 truckload @ $0.9600
1 truckload @ $0.9575
1 truckload @ $0.9500
1 truckload @ $0.9450
1 truckload @ $0.9675
1 truckload @ $0.9625
February 8 $0.9600 3 3 truckloads @ $0.9600 (O) 4 truckloads @ $0.9600
1 truckload @ $0.9425
1 truckload @ $0.9300
1 truckload @ $0.9800
1 truckload @ $0.9700
February 7 $0.9500 3 3 truckloads @ $0.9500 (O) 1 truckload @ $0.9450
1 truckload @ $0.9425
1 truckload @ $0.9350
1 truckload @ $0.9325
1 truckload @ $0.9200
3 truckloads @ $0.9600
February 6 $0.9400 0 None 1 truckload @ $0.9100
1 truckload @ $0.9225
2 truckloads @ $0.9250
1 truckload @ $0.9650
Jan 30 - Feb 3 $0.9455 3      
February 3 $0.9400 2 1 truckload @ $0.9400 (O)
1 truckload @ $0.9350 (O)
1 truckload @ $0.9400
1 truckload @ $0.9300
2 truckloads @ $0.8900
1 truckload @ $0.9800
1 truckload @ $0.9650
1 truckload @ $0.9600
February 2 $0.9500 0 None 1 truckload @ $0.9500
1 truckload @ $0.9275
1 truckload @ $0.9100
3 truckloads @ $0.9000
1 truckload @ $0.9675
February 1 $0.9475 0 None 1 truckload @ $0.9475
3 truckloads @ $0.9450
1 truckload @ $0.9425
1 truckload @ $0.9400
1 truckload @ $1.0000
1 truckload @ $0.9675
January 31 $0.9450 0 None 1 truckload @ $0.9325
1 truckload @ $0.9300
1 truckload @ $0.9000
None
January 30 $0.9450 1 1 truckload @ $0.9450 (O) 1 truckload @ $0.8900 None
Jan 23 - 27 $0.9705 9      

 

(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