CME Nonfat Dry Milk Trading Details

2018 CME Nonfat Dry Milk Trading Details2017 CME Nonfat Dry Milk Trading Details

July 2018

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
July 16 - 20 $0.7685 A 13      
July 20 $0.7850 4

3 truckloads @ $0.7850 (B)
1 truckload @ $0.7825 (B)

1 truckload @ $0.7850
1 truckload @ $0.7825
2 truckloads @ $0.7800
1 truckload @ $0.7775
1 truckload @ $0.7700

1 truckload @ $0.7950
1 truckload @ $0.7875

July 19 $0.7675 4

1 truckload @ $0.7675 (B)
1 truckload @ $0.7675 (O)
1 truckload @ $0.7650 (B)
1 truckload @ $0.7650 (O)

1 truckload @ $0.7650
2 truckloads @ $0.7625
1 truckload @ $0.7625
1 truckload @ $0.7550

1 truckload @ $0.7725

July 18 $0.7675 1

1 truckload @ $0.7675 (O)

1 truckload @ $0.7675
1 truckload @ $0.7650
1 truckload @ $0.7600
2 truckloads @ $0.7550

1 truckload @ $0.7775
1 truckload @ $0.7725
1 truckload @ $0.7700

July 17 $0.7675 1

1 truckload @ $0.7625 (B)

2 truckloads @ $0.7675
1 truckload @ $0.7650
1 truckload @ $0.7600

1 truckload @ $0.7750
1 truckload @ $0.7725
1 truckload @ $0.7700

July 16 $0.7550 3

1 truckload @ $0.7575 (B)
1 truckload @ $0.7550 (O)
1 truckload @ $0.7550 (B)

1 truckload @ $0.7550
1 truckload @ $0.7525
1 truckload @ $0.7350

1 truckload @ $0.7575

July 9 - 13 $0.7640 A 11      
July 13 $0.7550 1

1 truckload @ $0.7550 (B)

1 truckload @ $0.7550
1 truckload @ $0.7500
1 truckload @ $0.7450
1 truckload @ $0.7200

1 truckload @ $0.7600

July 12 $0.7625 8

1 truckload @ $0.7625 (O)
2 truckloads @ $0.7575 (O)
5 truckloads @ $0.7550 (O)

2 truckloads @ $0.7600
2 truckloads @ $0.7550
1 truckload @ $0.7525

None

July 11 $0.7575 2

1 truckload @ $0.7600 (B)
1 truckload @ $0.7575 (O)

1 truckload @ $0.7525
1 truckload @ $0.6900

1 truckload @ $0.7800
1 truckload @ $0.7675
1 truckload @ $0.7650
2 truckloads @ $0.7575

July 10 $0.7725 0

None

1 truckload @ $0.7675
1 truckload @ $0.7625
1 truckload @ $0.7600

1 truckload @ $0.7750
3 truckloads @ $0.7725

July 9 $0.7725 0

None

1 truckload @ $0.7675
1 truckload @ $0.7625
1 truckload @ $0.7500
1 truckload @ $0.7200

1 truckload @ $0.8000

July 2 - 6 $0.74875 A 6      
July 6 $0.7725 1

1 truckload @ $0.7725 (B)

1 truckload @ $0.7700
1 truckload @ $0.7625
1 truckload @ $0.7575
1 truckload @ $0.7550
1 truckload @ $0.7500
1 truckload @ $0.7425

1 truckload @ $0.7775
1 truckload @ $0.7750

July 5 $0.7425 0

None

1 truckload @ $0.7425
1 truckload @ $0.7400
1 truckload @ $0.7350

None

July 4 No  

Trading


 

July 3 $0.7400 2

1 truckload @ $0.7450 (B)
1 truckload @ $0.7400 (B)

1 truckload @ $0.7400
3 truckloads @ $0.7350

1 truckload @ $0.7700
1 truckload @ $0.7675

July 2 $0.7400 3

1 truckload @ $0.7450 (O)
2 truckloads @ $0.7400 (B)

2 truckloads @ $0.7375

1 truckload @ $0.7600
1 truckload @ $0.7475
1 truckload @ $0.7450
1 truckload @ $0.7425

 

(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