CME Nonfat Dry Milk Trading Details:
2024 NDM Trading Activity — 2023 NDM Trading Activity — 2022 NDM Trading Activity — 2021 NDM Trading Activity
2024
| Week Of | Closing Price | Volume | Trading | Unfilled Bids | Uncovered Offers |
| May 13 - 17 | $1.1645 A | 30 | |||
| May 17 | $1.1650 | 0 | None | 2 truckloads @ $1.1550 |
2 truckloads @ $1.1900 1 truckload @ $1.1675 |
| May 16 | $1.1650 | 1 | 1 truckload @ $1.1650 | 2 truckloads @ $1.1625 |
4 truckloads @ $1.1800 2 truckloads @ $1.1650 |
| May 15 | $1.1600 | 0 | None | 1 truckload @ $1.1525 |
1 truckload @ $1.1600 |
| May 14 | $1.1650 | 26 | 3 truckloads @ $1.1650 20 truckloads @ $1.1625 3 truckloads @ $1.1600 |
9 truckloads @ $1.1625 |
1 truckload @ $1.1700 2 truckloads @ $1.1650 |
| May 13 | $1.1675 | 3 | 1 truckload @ $1.1700 1 truckload @ $1.1675 1 truckload @ $1.1600 |
1 truckload @ $1.1650 |
1 truckload @ $1.1675 |
| May 6 - 10 | $1.1315 A | 9 | |||
| May 10 | $1.1525 | 4 | 1 truckload @ $1.1525 1 truckload @ $1.1500 1 truckload @ $1.1475 1 truckload @ $1.1450 |
2 truckloads @ $1.1500 |
1 truckload @ $1.1525 |
| May 9 | $1.1375 | 4 | 3 truckloads @ $1.1375 1 truckload @ $1.1325 |
2 truckloads @ $1.1375 |
2 truckloads @ $1.1400 |
| May 8 | $1.1300 | 0 | None | 1 truckload @ $1.1300 |
None |
| May 7 | $1.1150 | 1 | 1 truckload @ $1.1150 | None |
2 truckloads @ $1.1300 1 truckload @ $1.1275 1 truckload @ $1.1250 1 truckload @ $1.1175 |
| May 6 | $1.1225 | 0 | None | 1 truckload @ $1.1150 |
1 truckload @ $1.1500 1 truckload @ $1.1300 1 truckload @ $1.1275 1 truckload @ $1.1225 |
| Apr 29 - May 3 | $1.1205 A | 12 | |||
| May 3 | $1.1300 | 2 | 1 truckload @ $1.1300 1 truckload @ $1.1225 |
1 truckload @ $1.1250 |
None |
| May 2 | $1.1175 | 5 | 1 truckload @ $1.1175 3 truckloads @ $1.1150 1 truckload @ $1.1125 |
1 truckload @ $1.1150 |
1 truckload @ $1.1300 2 truckloads @ $1.1200 |
| May 1 | $1.1250 | 5 | 5 truckloads @ $1.1250 | 1 truckload @ $1.1200 |
1 truckload @ $1.1300 |
| April 30 | $1.1200 | 0 | None | 1 truckload @ $1.1200 |
None |
| April 29 | $1.1100 | 0 | None | 1 truckload @ $1.1000 |
None |
Definitions:
1 truckload = A truckload of nonfat dry milk may weight 44,000 pounds
The ad price is quoted in cents per pound
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 nonfat dry milk buyer to purchase nonfat dry milk at the price they specified.
Uncovered offer: Is the unsuccessful attempt by a nonfat dry milk seller to sell nonfat dry milk 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