Butter Market: 2017 CME Grade A Butter Trading Details

 

 

2017 CME Grade A Butter Trading Details 2016 CME Grade A Butter Trading Details

January 2018

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
January 8 - 12 $2.1705 A 7      
January 12 $2.1600 4

1 truckload @ $2.1700 (O)
1 truckload @ $2.1600 (B)
2 truckloads @ $2.1475 (O)

1 truckload @ $2.1575
1 truckload @ $2.1525
2 truckloads @ $2.1475

1 truckload @ $2.1800
3 truckloads @ $2.1700
1 truckload @ $2.1675

January 11 $2.1550 1

1 truckload @ $2.1550 (O)

None

4 truckloads @ $2.2200
1 truckloads @ $2.1900

January 10 $2.1675 1

1 truckload @ $2.1675 (O)

1 truckload @ $2.1550
1 truckload @ $2.1525
1 truckload @ $2.1500

1 truckload @ $2.2200
2 truckloads @ $2.1850
1 truckloads @ $2.1700

January 9 $2.1800 1

1 truckload @ $2.1800 (O)

1 truckload @ $2.1700
1 truckload @ $2.1200

1 truckload @ $2.2000
1 truckload @ $2.1950
2 truckloads @ $2.1900

January 8 $2.1900 0

None

1 truckload @ $2.1750
1 truckload @ $2.1725
2 truckload @ $2.1700
1 truckload @ $21.500

1 truckload @ $2.2250
3 truckloads @ $2.2200
1 truckload @ $2.2050
1 truckload @ $2.1925
1 truckload @ $2.1900

January 1 - 5 $2.22375 A 10      
January 5 $2.2375 3

1 truckload @ $2.2400 (O)
1 truckload @ $2.2300 (O)
1 truckload @ $2.2275 (O)

None

1 truckload @ $2.2500
1 truckload @ $2.2425
2 truckloads @ $2.2375

January 4 $2.2300 5

1 truckload @ $2.2300 (O)
1 truckload @ $2.2250 (B)
1 truckload @ $2.2250 (O)
1 truckoad @ $2.2225 (O)
1 truckload @ $2.2200 (O)

1 truckload @ $2.2000
3 truckloads @ $2.1825

1 truckload @ $2.3000
2 truckloads @ $2.2500
1 truckload @ $2.2425
2 truckloads @ $2.2400

January 3 $2.2200 2

1 truckload @ $2.2200 (B)
1 truckload @ $2.2200 (O)

None

3 truckloads @ $2.2400
1 truckload @ $2.2300
2 truckloads @ $2.2250

January 2 $2.2075 0

None

None

1 truckload @ $2.3000

January 1 NO  

TRADING

 

 

Dec 25 - 29 $2.19688 A 3      
December 29 $2.2075 0

None

1 truckload @ $2.1525
1 truckload @ $2.1475

1 truckload @ $2.3000
1 truckload @ $2.2425
1 truckload @ $2.2275
1 truckload @ $2.2250

December 28 $2.2075 0

None

1 truckload @ $2.2075
1 truckload @ $2.1900
1 truckload @ $2.1500

2 truckloads @ $2.2500
1 truckload @ $2.2400
1 truckload @ $2.2300
1 truckload @ $2.2250
1 truckload @ $2.2200

December 27 $2.2025 2

1 truckload @ $2.2025 (B)
1 truckload @ $2.2000 (B)

1 truckload @ $2.1650

1 truckload @ $2.2500
1 truckload @ $2.2325
2 truckloads @ $2.2300

December 26 $2.1700 1

1 truckload @ $2.1700 (O)


1 truckload @ $2.1700
1 truckload @ $2.1600
1 truckload @ $2.1400

None

December 25    

No Trading


 

 

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