Butter Market: 2017 CME Grade A Butter Trading Details

Trading Details For CME Traded AA Butter

 

 

2017 CME Grade A Butter Trading Details2016 CME Grade A Butter Trading Details

March 2017

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
March 29 $2.1000 1 1 truckload @ $2.1000 (O) 1 truckload @ $2.0900 1 truckload @ $2.1000
March 28 $2.1000 1 1 truckload @ $2.1000 (O) None 1 truckload @ $2.1100
March 27 $2.1000 1 1 truckload @ $2.1000 (O) 1 truckload @ $2.0925 1 truckload @ $2.1100
March 20 - 24 $2.1135 AVG 5      
March 24 $2.0975 1 1 truckload @ $2.0975 (O) 1 truckload @ $2.0700 1 truckload @ $2.1500
March 23 $2.1000 1 1 truckload @ $2.1000 (O) None None
March 22 $2.1200 0 None 1 truckload @ $2.1100 1 truckload @ $2.1350
March 21 $2.1200 1 1 truckload @ $2.1200 (O) 1 truckload @ $2.1100 None
March 20 $2.1300 2 1 truckload @ $2.1300 (O)
1 truckload @ $2.1250 (O)
None 3 truckloads @ $2.1500
March 13 - 17 $2.1465 AVG 32      
March 17 $2.1300 7 1 truckload @ $2.1300 (B)
5 truckloads @ $2.1300 (O)
1 truckload @ $2.1100 (O)
5 truckloads @ $2.1300 None
March 16 $2.1100 22 3 truckloads @ $2.1200 (B)
8 truckloads @ $2.1200 (O)
1 truckload @ $2.1175 (O)
1 truckload @ $2.1150 (B)
3 truckloads @ $2.1125 (B)
5 truckloads @ $2.1125 (O)
1 truckload @ $2.1100 (B)
5 truckloads @ $2.1000 5 truckloads @ $2.1100
March 15 $2.1500 1 1 truckload @ $2.1500 (O) None None
March 14 $2.1800 2 1 truckload @ $2.1800 (O)
1 truckload @ $2.1700 (O)
None None
March 13 $2.1625 0 None None None
March 6 -10 $2.1675 AVG 7      
March 10 $2.1625 0 None 1 truckload @ $2.1625 1 truckload @ $2.1900
March 9 $2.1625 1 1 truckload @ $2.1700(B)
1 truckload @ $2.1600 1 truckload @ $2.1625
March 8 $2.1975 1 1 truckload @ $2.1975(B)
1 truckload @ $2.1900 1 truckload @ $2.2000
March 7 $2.1675 1 1 truckload @ $2.1800(O)
1 truckload @ $2.1600 1 truckload @ $2.1675
March 6 $2.1475 4 1 truckload @ $2.1600(B)
2 truckloads @ $2.1500 (O)
1 truckload @ $2.1475 (O)
1 truckload @ $2.1400 1 truckload @ $2.1625
Feb 27 - Mar 3 $2.1795 AVG 23      
March 3 $2.1625 0 None 1 truckload @ $2.1625 1 truckload @ $2.1900
March 2 $2.1625 14 1 truckload @ $2.2025(B)
1 truckload @ $2.1650 (B)
2 truckloads @ $2.1625 (B)
2 truckloads @ $2.1625 (O)
8 truckloads @ $2.1600 (O)
1 truckload @ $2.1525 2 truckloads @ $2.1625
March 1 $2.2325 2 1 truckload @ $2.2300 (B)
1 truckload @ $2.2250 (B)
1 truckload @ $2.2325 6 truckloads @ $2.3000
February 28 $2.1800 6 2 truckloads @ $2.1800 (O)
2 truckloads @ $2.1725 (B)
1 truckload @ $2.1750 (B)
1 truckload @ $2.1600(B)
2 truckloads @ $2.1750 1 truckload @ $2.1800
February 27 $2.1600 1 1 truckload @ $2.1500 (B) 1 truckload @ $2.1600 None

 

Butter Price news

(O) = Offer based sale (B) = Bid based sale

Definitions:

1 truckload = A carload of butter may vary in weight between 40,000 and 43,000 pounds
of Grade AA Butter

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 butter buyer to purchase butter at the price they specified.
Uncovered offer: Is the unsuccessful attempt by a butter seller to sell butter 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