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

February 2017

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
Feb 13 - 17 $2.1410 AVG 4      
February 17 $2.1575 1 1 truckload @ $2.1575 (O) None 1 truckload @ $2.1700
February 16 $2.1575 0 None 1 truckload @ $2.1300 1 truckload @ $2.1575
February 15 $2.1575 1 1 truckload @ $2.1500 (O) 1 truckload @ $2.1575 1 truckload @ $2.1700
February 14 $2.1300 2 1 truckload @ $2.1150 (B)
1 truckload @ $2.1225 (B)
2 truckloads @ $2.1300 1 truckload @ $2.2000
February 13 $2.1025 0 None 2 truckloads @ $2.0900 None
Feb 6 - 10 $2.1550 AVG 12      
February 10 $2.1025 7 1 truckload @ $2.1750 (O)
2 truckloads @ $2.1500 (B)
4 truckloads @ $2.1025 (O)
2 truckloads @ $2.1025 5 truckloads @ $2.1500
February 9 $2.1775 0 None None 1 truckload @ $2.1800
February 8 $2.1775 4 1 truckload @ $2.1775 (B)
1 truckload @ $2.1750 (B)
1 truckload @ $2.1725 (B)
1 truckload @ $2.1700 (B)
None 4 truckloads @ $2.1800
February 7 $2.1600 1 1 truckload @ $2.1575 (O) 1 truckload @ $2.1600 None
February 6 $2.1575 0 None 1 truckload @ $2.1300 None
Jan. 30 - Feb 3 $2.2075 AVG 9      
February 3 $2.1575 5 1 truckload @ $2.1700 (O)
1 truckload @ $2.1675 (O)
1 truckload @ $2.1600 (O)
1 truckload @ $2.1575 (B)
1 truckload @ $2.1575 (O)
None None
February 2 $2.1800 4 1 truckload @ $2.1800 (O)
1 truckload @ $2.1750 (O)
1 truckload @ $2.1700 (O)
1 truckload @ $2.1650 (O)
2 truckloads @ $2.1600 None
February 1 $2.2400 0 None None 3 truckloads @ $2.2400
January 31 $2.2400 0 None 1 truckload @ $2.2400 None
January 30 $2.2200 0 None 1 truckload @ $2.2100 None
Jan. 23 - 27 $2.2075 AVG 9      

 

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