Butter Market: 2018 CME Grade A Butter Trading Details

2018 CME Grade A Butter Trading Details • 2017 CME Grade A Butter Trading Details • 2016 CME Grade A Butter Trading Details

May 2018

Date	Closing Price	Volume	Trading	Unfilled Bids	Uncovered Offers
May 14 - 18	$2.3745A	61
May 18	$2.3850	3	2 truckloads @ $2.3850 (O) 1 truckload @ $2.3800 (O)	1 truckload @ $2.3775 1 truckload @ $2.3750 1 truckload @ $2.3700 1 truckload @ $2.3600	6 truckloads @ $2.4000 1 truckload @ $2.3950 2 truckloads @ $2.3900 1 truckload @ $2.3875
May 17	$2.3850	17	1 truckload @ $2.3900 (O) 4 truckloads @ $2.3875 (B) 5 truckloads @ $2.3850 (B) 3 truckload @ $2.3850 (O) 1 truckload @ $2.3825 (B) 1 truckload @ $2.3800 (B) 2 truckloads @ $2.3800 (O)	1 truckload @ $2.3850 1 truckload @ $2.3825 1 truckload @ $2.3800 1 truckload @ $2.3750 1 truckload @ $2.3600	2 truckloads @ $2.4200 2 truckloads @ $2.4000 1 truckload @ $2.3900 1 truckload @ $2.3875
May 16	$2.3800	0	None	1 truckload @ $2.3400	1 truckload @ $2.4000 2 truckloads @ $2.3875 1 truckload @ $2.3825 2 truckloads @ $2.3800
May 15	$2.3825	24	3 truckloads @ $2.3850 (O) 1 truckload @ $2.3825 (B) 4 truckloads @ $2.3825 (O) 1 truckload @ $2.3800 (B) 3 truckloads @ $2.3800 (O) 3 truckloads @ $2.3775 (B) 1 truckload @ $2.3775 (O) 3 truckloads @ $2.3750 (B) 1 truckload @ $2.3750 (O) 2 truckloads @ $2.3725 (B) 2 truckloads @ $2.3725 (O)	6 truckloads @ $2.3725 1 truckload @ $2.3650	1 truckload @ $2.3900 1 truckload @ $2.3875
May 14	$2.3400	17	1 truckload @ $2.3425 (B) 1 truckload @ $2.3425 (O) 7 truckloads @ $2.3400 (B) 4 truckloads @ $2.3400 (O) 4 truckloads @ $2.3375 (B)	3 truckloads @ $2.3400 1 truckload @ $2.3375 1 truckload @ $2.3350 1 truckload @ $2.3325 1 truckload @ $2.3000	1 truckload @ $2.3625 1 truckload @ $2.3575 1 truckload @ $2.3425
May 7 - 11	$2.3295A	42
May 11	$2.3350	17	1 truckload @ $2.3400 (O) 1 truckload @ $2.3375 (B) 1 truckload @ $2.3375 (O) 1 truckload @ $2.3350 (B) 1 truckload @ $2.3350 (O) 2 truckloads @ $2.3325 (O) 5 truckloads @ $2.3300 (B) 2 truckloads @ $2.3300 (O) 3 truckloads @ $2.3275 (B)	1 truckload @ $2.3325 1 truckload @ $2.3300 1 truckload @ $2.3250 1 truckload @ $2.3225 1 truckload @ $2.3200 1 truckload @ $2.3000	1 truckload @ $2.3550
May 10	$2.3400	3	2 truckloads @ $2.3450 (O) 1 truckload @ $2.3400 (O)	1 truckload @ $2.3375 2 truckload @ $2.3350 1 truckload @ $2.3250 1 truckload @ $2.3150	1 truckload @ $2.3600 1 truckload @ $2.3400
May 9	$2.3450	12	1 truckload @ $2.3575 (O) 1 truckload @ $2.3550 (O) 1 truckload @ $2.3550 (B) 1 truckload @ $2.3525 (B) 1 truckload @ $2.3500 (O) 1 truckload @ $2.3500 (B) 1 truckload @ $2.3475 (B) 1 truckload @ $2.3475 (O) 2 truckloads @ $2.3450 (O) 1 truckload @ $2.3425 (O) 1 truckload @ $2.3400 (O)	1 truckload @ $2.3400 1 truckload @ $2.3300 1 truckload @ $2.3200 1 truckload @ $2.3150 1 truckload @ $2.3075 1 truckload @ $2.2925 1 truckload @ $2.2825	1 truckload @ $2.3650 1 truckload @ $2.3600 1 truckload @ $2.3550
May 8	$2.3025	20	1 truckload @ $2.3250 (O) 1 truckload @ $2.3225 (O) 1 truckload @ $2.3200 (O) 1 truckload @ $2.3175 (B) 1 truckload @ $2.3175 (O) 1 truckload @ $2.3150 (O) 1 truckload @ $2.3100 (B) 8 truckloads @ $2.3100 (O) 1 truckload @ $2.3050 (B) 3 truckloads @ $2.3050 (O) 1 truckload @ $2.3025 (B)	1 truckload @ $2.3000 1 truckload @ @2.2975 1 truckload @ $2.2950	None
May 7	$2.3250	0	None	None	1 truckload @ $2.3500 2 truckloads @ $2.3400 1 truckload @ $2.3350 1 truckload @ $2.3250
Apr 30 - May 4	$2.3565A	55
May 4	$2.3525	2	1 truckload @ $2.3525 (B) 1 truckload @ $2.3525 (O)	1 truckload @ $2.3500 1 truckload @ $2.3400	3 truckloads @ $2.4000 2 truckloads @ $2.3750 1 truckload @ $2.3650 1 truckload @ $2.3550
May 3	$2.3525	24	2 truckloads @ $2.3550 (O) 1 truckload @ $2.3525 (B) 11 truckloads @ $2.3525 (O) 3 truckloads @ $2.3500 (B) 1 truckload @ $2.3500 (O) 3 truckloads @ $2.3475 (B) 1 truckload @ $2.3450 (B) 2 truckloads @ $2.3425 (B)	6 truckloads @ $2.3500 2 truckloads @ $2.3475 1 truckload @ $2.3450 1 truckload @ $2.3425 1 truckload @ $2.3400	1 truckload @ $2.3600 1 truckload @ $2.3550 1 truckload @ $2.3525
May 2	$2.3475	16	2 truckloads @ $2.3600 (O) 1 truckload @ $2.3525 (B) 1 truckload @ $2.3500 (B) 1 truckload @ $2.3500 (O) 1 truckload @ $2.3475 (B) 1 truckload @ $2.3475 (O) 6 truckloads @ $2.3450 (O) 2 truckloads @ $2.3400 (B) 1 truckload @ $2.3400 (O)	1 truckload @ $2.3400 1 truckload @ $2.3350 2 truckloads @ $2.3300 1 truckload @ $2.2800	2 truckloads @ $2.3900 2 truckloads @ $2.3600 1 truckload @ $2.3500
May 1	$2.3600	2	2 truckloads @ $2.3600 (B)	1 truckload @ $2.3575	2 truckloads @ $2.3750 1 truckload @ $2.3725 1 truckload @ $2.3700
April 30	$2.3700	11	4 truckloads @ $2.3700 (O) 2 truckloads @ $2.3675 (O) 2 truckloads @ $2.3650 (O) 2 truckloads @ $2.3625 (O) 1 truckload @ $2.3600 (O)	1 truckload @ $2.3675 1 truckload @ $2.3650 1 truckload @ $2.3625 1 truckload @ $2.3600 1 truckload @ $2.3500 2 truckloads @ $2.3100	1 truckload @ $2.3800 1 truckload @ $2.3775 2 truckloads @ $2.3750

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