Cheese Market: CME Cheese Block Trading Details
2011 Block Trading
April
| Date | Block Closing Price |
Carloads Sold | Sold on Bids or Offers | Unfilled Bids | Unfilled Offers |
| April 30 | $1.5350 | 0 | None | Non | None |
| April 27 | $1.5350 | 7 | 1 truckload @ $1.5350(B) 1 truckload @ $1.5325(B) 3 truckloads @ $1.5300(B) 2 truckloads @ $1.5275(B) |
1 truckload @ $1.5350 | None |
| April 26 | $1.5275 | 5 | 5 truckloads @ $1.5275(B) | 1 truckload @ $1.5250 | None |
| April 25 | $1.5250 | 7 | 3 truckloads @ $1.5250(B) 4 truckloads @ $1.5225(B) |
1 truckload @ $1.5250 | None |
| April 24 | $1.5225 | 4 | 3 truckloads @ $1.5225(O) 1 truckload @ $1.5150(O) |
1 truckload @ $1.5200 | 1 truckload @ $1.5250 |
| April 23 | $1.5225 | 5 | 3 truckloads @ $1.5225(B) 2 truckloads @ $1.5200(O) |
1 truckload @ $1.5225 | None |
| April 20 | $1.5275 | 0 | None | 1 truckload @ $1.5275 | None |
| April 19 | $1.5100 | 0 | None | 1 truckload @ $1.5100 | None |
| April 18 | $1.5000 | 0 | None | 1 truckload @ $1.5000 | None |
| April 17 | $1.4900 | 0 | None | 1 truckload @ $1.4900 | None |
| April 16 | $1.4875 | 0 | None | 2 truckloads @ $1.4875 | None |
| April 13 | $1.4875 | 0 | None | None | None |
| April 12 | $1.4875 | 0 | None | None | None |
| April 11 | $1.4875 | 0 | None | None | None |
| April 10 | $1.4875 | 0 | None | 1 truckload @ $1.4875 | None |
| April 9 | $1.4875 | 0 | None | None | None |
| April 6 | No | Trading | |||
| April 5 | $1.4875 | 2 | 1 truckload @ $1.4875(B) 1 truckload @ $1.4875(O) |
1 truckload @ $1.4850 | None |
| April 4 | $1.4900 | 0 | None | None | None |
| April 3 | $1.4900 | 0 | None | None | None |
| April 2 | $1.4900 | 0 | None | 1 truckload @ $1.4900 | None |
March
| Date | Block Closing Price |
Carloads Sold | Sold on Bids or Offers | Unfilled Bids | Unfilled Offers |
| March 30 | $1.4900 | 0 | None | 1 truckload @ $1.4900 | None |
| March 29 | $1.4900 | 4 | 4 truckloads @ $1.4900 | None | 1 truckload @ $1.4900 |
| March 28 | $1.4900 | 0 | None | None | None |
| March 27 | $1.4900 | 1 | 1 truckload @ $1.4925(O) | None | 1 truckload @ $1.4900 |
| March 26 | $1.4925 | 0 | None | 1 truckload @ $1.4925 | None |
| March 23 | $1.4950 | 0 | None | None | 1 truckload @ $1.4950 |
| March 22 | $1.6350 | 0 | None | None | None |
| March 21 | $1.6350 | 0 | None | 1 truckload @ $1.6350 | None |
| March 20 | $1.6025 | 0 | None | 1 truckload @ $1.6025 | None |
| March 19 | $1.5825 | 0 | None | 1 truckload @ $1.5825 | None |
| March 16 | $1.5825 | 0 | None | None | None |
| March 15 | $1.5825 | 0 | None | 1 truckload @ $1.5825 | None |
| March 14 | $1.5075 | 0 | None | None | None |
| March 13 | $1.5075 | 0 | None | 1 truckload @ $1.5075 | None |
| March 12 | $1.4925 | 0 | None | None | None |
| March 9 | $1.4925 | 0 | None | 1 truckload @ $1.4925 | None |
| March 8 | $1.4850 | 0 | None | 1 truckload @ $1.4850 | None |
| March 7 | $1.4850 | 2 | 1 truckload @ $1.4850(B) 1 truckload @ $1.4800(B) |
1 truckload @ $1.4700 | None |
| March 6 | $1.4600 | 0 | None | 1 truckload @ $1.4600 | None |
| March 5 | $1.4600 | 7 | 2 truckloads @ $1.4800(O) 2 truckloads @ $1.4750O) 1 truckload @ $1.4700(O) 1 truckload @ $1.4650(O) 1 truckload @ $1.4600(O) |
None | 1 truckload @ $1.4800 |
February
Blocks
| Date | Block Closing Price |
Carloads Sold | Sold on Bids or Offers | Unfilled Bids | Unfilled Offers |
| March 2 | $1.4800 | 13 | 5 truckloads @ $1.4875(B) 1 truckload @ $1.4875(O) 1 truckload @ $1.4850(B) 5 truckloads @ $1.4850(O) 1 truckload @ $1.4800(B) |
None | 1 truckload @ $1.4850 |
| March 1 | $1.4875 | 0 | None | 2 truckloads @ $1.4875 | None |
| February 29 | $1.4875 | 3 | 1 truckload @ $1.4875(O) 1 truckload @ $1.4850(B) 1 truckload @ $1.4800(B) |
1 truckload @ $1.4850 | 1 truckload @ $1.4900 |
| February 28 | $1.4725 | 0 | None | 1 truckload @ $1.4725 | 1 truckload @ $1.5000 |
| February 27 | $1.4675 | 5 | 5 truckloads @ $1.4675(B) | None | 1 truckload @ $1.4700 |
| February 24 | $1.4675 | 3 | 3 truckloads @ $1.4675(O) | None | 1 truckload @ $1.4675 |
| February 23 | $1.4675 | 3 | 1 truckload @ $1.4775(O) 2 truckloads @ $1.4675(O) |
None | 1 truckload @ $1.4800 |
| February 22 | $1.4800 | 3 | 2 truckloads @ $1.4850(O) 1 truckload @ $1.4800(O) |
None | 1 truckload @ $1.4825 |
| February 21 | $1.4850 | 10 | 9 truckloads @ $1.4900(B) 1 truckload @ $1.4850(O) |
None | None |
| February 20 | No | Trading | |||
| February 17 | $1.4875 | 0 | None | 1 truckloads @ $1.4875 | None |
| February 16 | $1.4875 | 9 | 2 truckloads @ $1.4875(B) 3 truckloads @ $1.4850(B) 4 truckloads @ $1.4825(B) |
2 truckloads @ $1.4850 | 2 truckloads @ $1.4900 |
| February 15 | $1.4800 | 0 | None | None | None |
| February 14 | $1.4800 | 3 | 3 truckloads @ $1.4750(B) | 1 truckload @ $1.4800 | 1 truckload @ $1.4900 |
| February 13 | $1.4750 | 1 | 1 truckload @ $1.4750(O) | None | None |
| February 10 | $1.4750 | 3 | 3 truckloads @ $1.4850(B) | 1 truckload @ $1.4750 | None |
| February 9 | $1.4750 | 0 | None | None | None |
| February 8 | $1.4750 | 4 | 1 truckload @ $1.4800(O) 1 truckload @ $1.4775(B) 1 truckload @ $1.4750(B) 1 truckload @ $1.4750(O) |
1 truckload @ $1.4700 | None |
| February 7 | $1.4800 | 0 | None | None | 2 truckloads @ $1.4800 |
| February 6 | $1.4800 | 2 | 1 truckload @ $1.4825(O) 1 truckload @ $1.4800(O) |
None | None |
| February 3 | $1.4850 | 10 | 10 truckloads @ $1.4850(B) | 1 truckload @ $1.4850 | None |
| February 2 | $1.4850 | 3 | 2 truckloads @ $1.4925(O) 1 truckload @ $1.4850(O) |
None | None |
| February 1 | $1.4925 | 3 | 1 truckload @ $1.5100(O) 2 truckloads @ $1.5075(O) |
None | 1 truckload @ $1.4925 |
| January 31 | $1.5100 | 0 | None | None | 1 truckload @ $1.5200 |
| January 30 | $1.5100 | 0 | None | None | None |
January
Blocks
| Date | Block Closing Price |
Carloads Sold | Sold on Bids or Offers | Unfilled Bids | Unfilled Offers |
| February 3 | $1.4850 | 10 | 10 truckloads @ $1.4850(B) | 1 truckload @ $1.4850 | None |
| February 2 | $1.4850 | 3 | 2 truckloads @ $1.4925(O) 1 truckload @ $1.4850(O) |
None | None |
| February 1 | $1.4925 | 3 | 1 truckload @ $1.5100(O) 2 truckloads @ $1.5075(O) |
None | 1 truckload @ $1.4925 |
| January 31 | $1.5100 | 0 | None | None | 1 truckload @ $1.5200 |
| January 30 | $1.5100 | 0 | None | None | None |
| January 27 | $1.5100 | 6 | 4 truckloads @ $1.5100(B) 1 truckload @ $1.5100(O) 1 truckload @ $1.5050(O) |
1 truckload @ $1.5050 | None |
| January 26 | $1.5050 | 0 | None | 4 truckloads @ $1.5050 | None |
| January 25 | $1.5050 | 2 | 2 truckloads @ $1.5050(O) | 1 truckload @ $1.5000 | None |
| January 24 | $1.5050 | 0 | None | 2 truckloads @ $1.5000 | None |
| January 23 | $1.5050 | 0 | None | 2 truckloads @ $1.5000 | 1 truckload @ $1.5100 |
| January 20 | $1.5050 | 8 | 1 truckload @ $1.5400(O) 1 truckload @ $1.5350(O) 1 truckload @ $1.5300(O) 1 truckload @ $1.5250(O) 1 truckload @ $1.5200(O) 1 truckload @ $1.5150(O) 1 truckload @ $1.5100(O) 1 truckload @ $1.5050(O) |
None | None |
| January 19 | $1.5450 | 2 | 2 truckloads @ $1.5450(O) |
None | 2 truckloads @ $1.5550 |
| January 18 | $1.5550 | 3 | 1 truckload @ $1.5775(O) 1 truckload @ $1.5675(O) 1 truckload @ $1.5550(O) |
None | 1 truckload @ $1.5550 |
| January 17 | $1.5950 | 0 | None | None | 2 truckloads @ $1.5950 |
| January 16 | No | Trading | |||
| January 13 | $1.5950 | 0 | None | None | 3 truckloads @ $1.5950 |
| January 12 | $1.5950 | 12 | 10 truckloads @ $1.5950(O) 2 truckloads @ $1.5900(B) |
None | 2 truckloads @ $1.5950 |
| January 11 | $1.5950 | 2 | 2 truckloads @ $1.5950(O) | None | 2 truckloads @ $1.5950 |
| January 10 | $1.5950 | 4 | 3 truckloads @ $1.6000(O) 1 truckload @ $1.5950(O) |
None | 2 truckloads @ $1.6000 |
| January 9 | $1.6000 | 3 | 1 truckload @ $1.6050(O) 2 truckloads @ $1.6025(O) |
2 truckloads @ $1.5700 | 1 truckload @ $1.6000 |
| January 6 | $1.6100 | 14 | 4 truckloads @ $1.6100(B) 10 truckloads @ $1.6100(O) |
2 truckloads @ $1.6050 | None |
| January 5 | $1.6100 | 3 | 3 truckloads @ $1.6100(O) | 2 truckloads @ $1.6100 | None |
| January 4 | $1.5800 | 4 | 2 truckloads @ $1.5800(O) 1 truckload @ $1.5700(B) 1 truckload @ $1.5700(O) |
3 truckloads @ $1.5800 | 1 truckload @ $1.6000 |
| January 3 | $1.5625 | 0 | None | None | None |
| January 2 | No | Trading | |||
(O) = Offer based sale (B) = Bid based sale
Definitions:
1 Carload = A carload of cheese may vary in weight between 40,000 and 44,000 pounds
of 40-pound Cheddar Block or 500-pound Cheddar Barrel
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 cheese buyer to purchase cheese at the price they specified.
Uncovered offer: Is the unsuccessful attempt by a cheese seller to sell cheese at the price they specified.
Unless specified in a bid or offer, on the date of sale cheese must be not less than four days or more than one month (30 calendar days) of age.
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