Butter Market: CME Grade AA Butter

Butter Price news

2015 Butter Trading2014 Butter Trading 2013 Butter Trading 2012 Butter Trading

 

Febraury 2016

Date Butter
Closing Price
Carloads Sold Sold on Bids or Offers    Unfilled Bids Unfilled Offers     
February 8 $2.1550 1 1 truckload @ $2.1550(O)

None None
February 1 - 5 AVG: $2.1455 23      
February 5 $2.1700 1 1 truckload @ $2.1700(O)

None None
February 4 $2.2000 1 1 truckload @ $2.1700(B)

2 truckloads @ $2.2000 None
February 3 $2.1600 17 5 truckloads @ $2.1900(O)
1 truckload @ $2.1800(O)
3 truckloads @ $2.1700(O)
1 truckload @ $2.1600(B)
2 truckloads @ $2.1600(O)
1 truckload @ $2.1500(B)
1 truckload @ $2.1500(O)
1 truckload @ $2.1300(O)
1 truckload @ $2.1150(B)
1 truckload @ $2.100(B)
2 truckload @ $2.1500 None
February 2 $2.1000 2 2 truckloads @ $2.1000(O) 1 truckload @ $2.1000 None
February 1 $2.0975 2 1 truckload @ $2.1300(O)
1 truckload @ $2.0975(O)
None None
Jan 25 - 29 AVG: $2.1950 13      
January 29 $2.2200 7 2 truckloads @ $2.2400(B)
1 truckload @ $2.2325(B)
1 truckload @ $2.2300(B)
1 truckload @ $2.2200(B)
1 truckload @ $2.2200(O)
1 truckload @ $2.2000(O)
1 truckload @ $2.2200 None
January 28 $2.2000 0 None None None
January 27 $2.2000 0 None 1 truckload @ $2.2000 None
January 26 $2.1900 4 1 truckload @ $2.1900(B)
1 truckload @ $2.1800(O)
1 truckload @ $2.1750(B)
1 truckload @ $2.1675(B)
1 truckload @ $2.1900 None
January 25 $2.1650 2 1 truckload @ $2.1675(O)
1 truckload @ $2.1650(O)
None None
Jan 18 - 22 AVG: $2.14375 8      
January 22 $2.1700 3 1 truckload @ $2.1700(O)
1 truckload @ $2.1600(B)
1 truckload @ $2.1500(B)
5 truckloads @ $2.1600 None
January 21 $2.1400 4 1 truckload @ $2.1400(B)
1 truckload @ $2.1350(B)
2 truckloads @ $2.1325(B)
1 truckload @ $2.1400 None
January 20 $2.1325 0 None 1 truckload @ $2.0000 1 truckload @ $2.2000
January 19 $2.1325 1 1 truckload @ $2.1500(B) 1 truckload @ $2.1000 1 truckload @ $2.1325
January 18   No Trading 1 truckload @ $2.1525 None
Jan 11 - 15 AVG: $2.1145 12      
January 15 $2.2500 1 1 truckload @ $2.2500(O) 1 truckload @ $2.2125 1 truckload @ $2.3000
January 14 $2.1525 0 None 1 truckload @ $2.1525 None
January 13 $2.1000 11 4 truckloads @ $2.1000(O)
2 truckloads @ $2.0800(O)
3 truckloads @ $2.0700(O)
2 truckloads @ $2.0500(B)
5 truckloads @ $2.1000 None
January 12 $2.0350 0 None 2 truckloads @ $2.0350 None
January 11 $2.0350 0 None 1 truckload @ $1.9500 None
January 4 - 8 AVG: $2.0370 21      
January 8 $2.0350 5 3 truckloads @ $2.0350(B)
2 truckloads @ $2.0325(B)
1 truckload @ $2.0325 None
January 7 $2.0325 4 1 truckload @ $2.0350(O)
1 truckload @ $2.0325(O)
2 truckloads @ $2.0300(O)
1 truckload @ $2.0000 1 truckload @ $2.0400
January 6 $2.0375 0 None 1 truckload @ $2.0100 1 truckload @ $2.0375
January 5 $2.0400 1 1 truckload @ $2.0400(O) 1 truckload @ $1.9700 None
January 4 $2.0400 11 2 truckloads @ $2.0800(B)
1 truckload @ $2.0800(O)
4 truckloads @ $2.0700(B)
1 truckload @ $2.0700(O)
1 truckload @ $2.0600(B)
1 truckload @ $2.0500(B)
1 truckload @ $2.0400(O)
1 truckload @ $2.0000 None
Dec 28 - Jan 1 AVG: $2.04500 12      
January 1   No Trading  

 

 

(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