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 |
| 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 |
| 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 |
| 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 |
| September 14 | 0.8275 | 2 | 1 truckload @ $0.8300 (B) |
1 truckload @ $0.8275 1 truckload @ $0.8250 2 truckloads @ $0.8200 1 truckload @ $0.8100 |
5 truckloads @ $0.8500 |
| September 13 | 0.8325 | 4 | 1 truckload @ $0.8400 (O) |
1 truckload @ $0.8275 1 truckload @ $0.8250 1 truckload @ $0.8225 1 truckload @ $0.8200 |
2 truckloads @ $0.8450 |
| 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 @ $0.8175 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 |
| 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 |
| 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 |
| September 5 | 0.8550 | 1 | 1 truckload @ $0.8450 (B) | 2 truckloads @ $0.8550 1 truckload @ $0.8500 |
5 truckloads @ $0.8675 |
| September 4 | No Trading |
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| 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 |
| 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 |
| 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 |
| 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