Butter Market: 2017 CME Grade A Butter Trading Details

Trading Details For CME Traded AA Butter

 

 

2016 CME Grade A Butter Trading Details

January 2017

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
January 17 $2.2400 2 2 truckloads @ $2.2400 (B) None None
Janaury 16 No   Trading   None
January 9 - 13 $2.2695AVG 11      
January 13 $2.2250 0 None 2 truckloads @ $2.2000 1 truckload @ $2.2250
January 12 $2.2450 7 1 truckload @ $2.2450 (B)
1 truckload @ $2.2350 (B)
1 truckload @ $2.2025 (B)
1 truckload @ $2.2000 (O)
1 truckload @ $2.1900 (B)
1 truckload @ $2.1800 (O)
1 truckload @ $2.1700 (O)
None None
January 11 $2.2775 0 None None 1 truckload @ $2.2775
January 10 $2.3000 0 None 1 truckload @ $2.2700 1 truckload @ $2.3000
January 9 $2.3000 4 1 truckload @ $2.3000 (O)
2 truckloads @ $2.2800 (O)
1 truckload @ $2.2600 (O)
None 1 truckload @ $2.3500
January 2 - 6 $2.2400 AVG 21      
January 6 $2.2200 6 1 truckload @ $2.2600 (O)
1 truckload @ $2.2575 (O)
2 truckloads @ $2.2550 (O)
1 truckload @ $2.2500 (B)
1 truckload @ $2.2200 (O)
1 truckload @ $2.1900 1 truckload @ $2.2400
January 5 $2.2600 0 None None 1 truckload @ $2.2600
January 4 $2.2600 14 1 truckload @ $2.2600 (B)
2 truckloads @ $2.2525 (B)
1 truckload @ $2.2500 (B)
1 truckload @ $2.2475 (O)
1 truckload @ $2.2450 (O)
1 truckload @ $2.2350 (O)
1 truckload @ $2.2300 (O)
2 truckloads @ $2.2200 (B)
1 truckload @ $2.2150 (O)
1 truckload @ $2.2000 (O)
2 truckloads @ $2.1950 (O)
None None
January 3 $2.2200 1 1 truckload @ $2.2200 (O) None None
Janaury 2 No   Trading   None
Dec 26 - 30 $2.29813 AVG 10      
December 30 $2.2675 0 None None None
December 29 $2.2675 6 1 truckload @ $2.2700 (O)
1 truckload @ $2.2675 (O)
3 truckloads @ $2.2550 (O)
1 truckload @ $2.2525 (O)
1 truckload @ $2.2600 None
December 28 $2.3100 0 None None 2 truckloads @ $2.3100
December 27 $2.3475 4 1 truckload @ $2.3525 (B)
1 truckload @ $2.3500 (B)
1 truckload @ $3.3475 (B)
1 truckload @ $2.3400 (B)
None 1 truckload @ $2.3700
December 26 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