Butter Market: 2017 CME Grade A Butter Trading Details

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

November 2017

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
November 21 $2.2125 18

1 truckload @ $2.2125 (B)
3 truckloads @ $2.2100 (B)
2 truckloads @ $2.2075 (O)
4 truckloads @ $2.2050 (B)
1 truckload @ $2.2025 (B)
1 truckload @ $2.2025 (O)
2 truckloads @ $2.2000 (B) 4 truckloads @ $2.2000 (O)

1 truckload @ $2.2100
1 truckload @ $2.2075
1 truckload @ $2.2025
1 truckload @ $2.2000
1 truckload @ $2.1900
1 truckload @ $2.1600

6 truckloads @ $2.5000 1 truckload @ $2.2900
1 truckload @ $2.2475

November 20 $2.2100 2

1 truckload @ $2.2125 (O)
1 truckload @ $2.2100 (O)

1 truckload @ $2.2025
1 truckload @ $2.2000
1 truckload @ $2.1975
2 truckloads @ $2.1900
1 truckload @ $2.1800
1 truckload @ $2.1700

1 truckload @ $2.2275
1 truckload @ $2.2175

Nov 13 - 17

$2.2490 Ag

22      
November 17 $2.2150 3

3 truckloads @ $2.2150 (O)

1 truckload @ $2.2100
1 truckload @ $2.2075
1 truckload @ $2.2025

1 truckload @ $2.2350

November 16 $2.2425 2

1 truckload @ $2.2425 (O)
1 truckload @ $2.2400 (O)

1 truckload @ $2.2000

1 truckload @ $2.2750

November 15 $2.2575 1

1 truckload @ $2.2575 (O)

1 truckload @ $2.2500
1 truckload @ $2.2000

2 truckloads @ $2.3000
1 truckload @ $2.2975

November 14 $2.2800 14

1 truckload @ $2.22900 (B))
4 truckloads @ $2.2900 (O)
2 truckloads @ $2.2875 (B)
1 truckload @ $2.2825 (B)
2 truckloads @ $2.2825 (O)
2 truckloads @ $2.2800 (O)
2 truckloads @ $2.2725 (B)

1 truckload @ $2.3000

1 truckload @ $2.3125
2 truckloads @ $2.3000
1 truckload @ $2.2975
1 truckload @ $2.2950
1 truckload @ $2.2850

November 13 $2.2500 2

1 truckload @ $2.2525 (O)
1 truckload @ $2.2500 (O)

1 truckload @ $2.2200
1 truckload @ $2.2125
1 truckload @ $2.2100
1 truckload @ $2.2025
1 truckload @ $2.2000

1 truckload @ $2.3500
2 truckloads @ $2.3000
1 truckload @ $2.2800

Nov 6 - 10

$2.2185 Ag

50      
November 10 $2.2550 8

1 truckload @ $2.2625 (B)
1 truckload @ $2.2600 (O)
1 truckload @ $2.2575 (B)
1 truckload @ $2.2575 (O)
1 truckload @ $2.2550 (B)
1 truckload @ $2.2550 (O)
1 truckload @ $2.2450 (B)
1 truckload @ $2.2400 (O)

1 truckload @ $2.2400
1 truckload @ $2.1900
2 truckloads @ $2.1800
2 truckloads @ $2.1700

1 truckload @ $2.3000
1 truckload @ $2.2800
1 truckload @ $2.275

November 9 $2.2225 18

5 truckloads @ $2.2250 (B)
1 truckload @ $2.2225 (O)
1 truckload @ $2.2200 (B)
3 truckloads @ $2.2200 (O)
1 truckload @ $2.2175 (B)
1 truckload @$2.2150 (B)
1 truckload @ $2.2150 (O)
2 truckloads @ $2.2125 (B)
1 truckload @ $2.2125 (O)
1 truckload @ $2.2050 (B)
1 truckload @ $2.2000 (B)

1 truckload @ $2.2175
1 truckload @ $2.2075
1 truckload @ $2.1700
1 truckload @ $2.1600
1 truckload @ $2.1500

1 truckload @ $2.2375
1 truckload @ $2.2350
1 truckload @ $2.2300

November 8 $2.1800 2

1 truckload @ $2.1900 (B)
1 truckload @ $2.1800 (B)

1 truckload @ $2.1700
2 truckloads @ $2.1600
5 truckloads @ $2.1500

1 truckload @ $2.2400
2 truckloads @ $2.2200
1 truckload @ $2.2100
2 truckloads @ $2.2000
1 truckload @ $2.1875 1truckload @ $2.1800

November 7 $2.2100 22

1 truckload @ $2.2275 (B)
4 truckloads @ $2.2225 (B)
3 truckloads @ $2.2200 (O)
2 truckloads @ $2.2175 (B)
3 truckloads @ $2.2150 (B)
1 truckload @ $2.2125 (B)
1 truckload @ $2.2100 (O)
1 truckload @ $2.2050 (O)
2 truckloads @ $2.2025 (B)
1 truckload @ $2.2025 (O)
2 truckloads @ $2.2000 (O)
1 truckload @ $2.1950 (B)

1 truckload @ $2.2075
1 truckload @ $2.2050
1 truckload @ $2.2025

1 truckload @ $2.3000
1 truckload @ $2.2250

November 6 $2.2250 0

None

1 truckload @ $2.1050
2 truckloads @ $2.1000

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

Oct 30-No 3

$2.2430 Ag

22      
November 3 $2.2325 6

2 truckloads @ $2.2400 (O)
1 truckload @ $2.2325 (B)
1 truckload @ $2.2300 (O)
1 truckload @ $2.2250 (B)
1 truckload @ $2.2200 (O)

1 truckload @ $2.2300
1 truckload @ $2.2200
1 truckload @ $2.2125
1 truckload @ $2.2100

1 truckload @ $2.2500
2 truckloads @ $2.2400
2 truckloads @ $2.2350

November 2 $2.2225 4

1 truckload @ $2.2300 (O)
2 truckloads @ $2.2250(O)
1 truckload @ $2.2225 (O)

2 truckloads @ $2.2200
1 truckload @ $2.2100
1 truckload @ $2.2000
1 truckload @ $2.1900
1 truckload @ $2.1800
1 truckload @ $2.1700
1 truckload @ $2.1600

1 truckload @ $2.2650
1 truckload @ $2.2600
2 truckloads @ $2.2350

November 1 $2.2400 5

1 truckload @ $2.2400 (O)
1 truckload @ $2.2375 (O)
1 truckload @ $2.2350 (B)
1 truckload @ $2.2325 (O)
1 truckload @ $2.2300 (O)

1 truckload @ $2.2325
1 truckload @ $2.2250
1 truckload @ $2.2200
1 truckload @ $2.2000
1 truckload @ $2.0500
1 truckload @ $2.0000

1 truckload @ $2.2800
1 truckload @ $2.2775

October 31 $2.2500 6

1 truckload @ $2.2625 (O)
1 truckload @ $2.2600 (B)
1 truckload @ $2.2575 (O)
2 truckloads @ $2.2500 (B)
1 truckload @ $2.2500 (O)

2 truckloads @ $2.2475
1 truckload @ $2.2450
1 truckload @ $2.2425
5 truckloads @ $2.2400
1 truckload @ $2.2375

2 truckloads @ $2.3000
1 truckload @ $2.2575

October 30 $2.2700 1

1 truckload @ $2.2700 (B)

2 truckloads @ $2.2600 1 truckload @ $2.2500
1 truckload @ $2.2100

1 truckload @ $2.3075
1 truckload @ $2.3050
1 truckload @ $2.2850
1 truckload @ $2.2800

 

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