Butter Market: CME Grade AA Butter

Trading Details For CME Traded AA Butter

2016 Butter Trading 2015 Butter Trading2014 Butter Trading 2013 Butter Trading 2012 Butter Trading

 

September 2016

Date Butter
Closing Price
Carloads Sold Sold on Bids or Offers    Unfilled Bids Unfilled Offers     
Sept 26 - 30 $1.9285 AVG 8      
September 30 $1.8975 0 None 1 truckload @ $1.8700 1 truckload @ $1.8975
September 29 $1.9150 6 1 truckload @ $1.9350 (B)
1 truckload @ $1.9325 (O)
1 truckload @ $1.9225 (O)
1 truckload @ $1.9175 (O)
1 truckload @ $1.9150 (B)
1 truckload @ $1.9100 (O)
None None
September 28 $1.9200 1 1 truckload @ $1.9200 (O) 1 truckload @ $1.8500 None
September 27 $1.9350 0 None None 1 truckload @ $1.9350
September 26 $1.9750 1 1 truckload @ $1.9750 (O)
None None
Sept 19 - 23 $1.9835 AVG 26      
September 23 $2.0275 9 4 truckloads @ $2.0500 (O)
1 truckload @ $2.0400 (O)
1 truckload @ $2.0300 (B)
1 truckload @ $2.0275 (O)
1 truckload @ $2.0200 (O)
1 truckload @ $1.9900 (O)
1 truckload @ $2.0100 3 truckloads @ $2.0500
September 22 $2.0000 3 1 truckload @ $2.000 (B)
2 truckloads @ $1.9000 (B)
1 truckload @ $1.9800 1 truckload @ $2.0000
September 21 $1.9675 6 1 truckload @ $1.9675(B)
1 truckload @ $1.9650 (O)
1 truckload @ $1.9625 (B)
1 truckload @ $1.9600 (B)
2 truckloads @ $1.9550 (O)
1 truckload @ $1.9400 None
September 20 $1.9550 8 1 truckload @ $1.9550 (B)
3 truckloads @ $1.9500 (B)
3 truckloads @ $1.9400 (B)
1 truckload @ $1.9400 (O)
1 truckload @ $1.9400 1 truckload @ $1.9550
September 19 $1.9675 0 None None 2 truckloads @ $1.9675
Sept 12 - 16 $2.0160 AVG 13      
September 16 $2.0000 3 1 truckload @ $1.9900 (B)
1 truckload @ $2.0000 (O)
1 truckload @ $1.9800 (O)
1 truckload @ $1.9950 2 truckloads @ $2.000
September 15 $2.0050 7 1 truckload @ $2.0050 (B)
1 truckload @ $2.0000 (B)
2 truckloads @ $2.0000 (O)
1 truckload @ $1.9875 (O)
1 truckload @ $1.9850 (O)
1 truckload @ $1.9800 (O)
1 truckload @ $1.9700 None
September 14 $2.0100 1 1 truckload @ $2.0100 (B) 1 truckload @ $2.0000 None
September 13 $2.0325 0 None 1 truckload @ $2.0000 1 truckload @ $2.0400
September 12 $2.0325 2 1 truckload @ $2.0325 (B)
1 truckload @ $2.0125(O)
1 truckload @ $2.0000 1 truckload @ $2.0400
Sept 6 - 9 $2.0350 AVG 5      
September 9 $2.0325 3 1 truckload @ $2.0575 (B)
1 truckload @ $2.0550(B)
1 truckload @ $2.0175(O)
None 1 truckload @ $2.0325
September 8 $2.0350 0 None None 1 truckload @ $2.0500
September 7 $2.0350 1 1 truckload @ $2.0350(O) None 1 truckload @ $2.0600
September 6 $2.0375 1 1 truckload @ $2.0300(B) 1 truckload @ $2.0375 1 truckload @ $2.0600
September 5 No Trading 0 None None None
Aug 29 - Sep 2 $2.0725 AVG 12      
September 2 $2.0500 1 1 truckload @ $2.0400(B) 1 truckload @ $2.0500 1 truckload @ $2.0700
September 1 $2.0650 0 None 1 truckload @ $2.0600 1 truckload @ $2.0650

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