CME Nonfat Dry Milk Trading Details:
2020 NDM Trading Activity - 2019 NDM Trading Activity - 2018 NDM Trading Activity - 2017 NDM Trading Activity -
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June 2020
| Week Of | Closing Price | Volume | Trading | Unfilled Bids | Uncovered Offers |
| June 1 - 5 | $1.0070 A | 24 | |||
| June 5 | $0.9775 | 6 | 1 truckload @ $0.9950 1 truckload @ $0.9925 1 truckload @ $0.9900 1 truckload @ $0.9800 1 truckload @ $0.9775 |
1 truckload @ $0.9750 1 truckload @ $0.9725 1 truckload @ $0.9500 |
1 truckload @ $1.0300 1 truckload @ $0.9950 1 truckload @ $0.9900 |
| June 4 | $1.0000 | 13 | 2 truckloads @ $1.0025 10 truckloads @ $1.0000 1 truckload @ $0.9975 |
3 truckloads @ $1.0000 1 truckload @ $0.9975 1 truckload @ $0.9950 |
1 truckload @ $1.0200 1 truckload @ $1.0100 1 truckload @ $1.0050 |
| June 3 | $1.0175 | 2 | 1 truckload @ $1.0200 1 truckload @ $1.0175 |
2 truckloads @ $1.0150 1 truckload @ $1.0100 1 truckload @ $1.0075 2 truckloads @ $1.0050 2 truckloads @ $1.0000 |
1 truckload @ $1.0300 |
| June 2 | $1.0150 | 1 | 1 truckload @ $1.0150 | 1 truckload @ $1.0100 1 truckload @ $0.9850 |
1 truckload @ $1.0400 1 truckload @ $1.0350 |
| June 1 | $1.0250 | 2 | 2 truckloads @ $1.0250 | 1 truckload @ $1.0125 1 truckload @ $0.9900 1 truckload @ $0.9800 |
1 truckload @ $1.0375 2 truckloads @ $1.0350 |
| May 25 - 29 | $1.0275 A | 15 | |||
| May 29 | $1.0300 | 7 | 1 truckload @ $1.0400 2 truckloads @ $1.0300 3 truckloads @ $1.0275 1 truckload @ $1.0250 |
6 truckloads @ $1.0275 1 truckload @ $1.0200 |
3 truckloads @ $1.0500 1 truckload @ $1.0475 1 truckload @ $1.0375 |
| May 28 | $1.0300 | 6 | 1 truckload @ $1.0350 1 truckload @ $1.0325 4 truckloads @ $1.0300 |
1 truckload @ $1.0250 1 truckload @ $1.0225 1 truckload @ $1.0200 1 truckload @ $1.0000 |
1 truckload @ $1.0500 1 truckload @ $1.0425 3 truckloads @ $1.0400 |
| May 27 | $1.0250 | 0 | None | 3 truckloads @ $1.0200 | 2 truckloads @ $1.0400 2 truckloads @ $1.0375 1 truckload @ $1.0300 |
| May 26 | $1.0250 | 2 | 1 truckload @ $1.0250 1 truckload @ $1.0150 |
3 truckloads @ $1.0200 1 truckload @ $1.0175 5 truckloads @ $1.0100 |
3 truckloads @ $1.0500 3 truckloads @ $1.0400 1 truckload @ $1.0300 |
| May 25 | NO | TRADING |
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