Butter Market: CME Grade AA Butter

Trading Details For CME Traded AA Butter

2015 Butter Trading2014 Butter Trading 2013 Butter Trading 2012 Butter Trading

 

May 2016

Date Butter
Closing Price
Carloads Sold Sold on Bids or Offers    Unfilled Bids Unfilled Offers     
May 2 $2.0600 1 1 truckload @ $2.0600(B)
None

1 truckload @ $2.0750

April 25 - 29 AVG: $2.0580 6      
April 29 $2.1200 4

1 truckload @ $2.1200(O)
2 truckloads @ $2.1000(O)
1 truckload @ $2.0900(O)

None

2 truckloads @ $2.1200

April 28 $2.0600 1 1 truckload @ $2.0600(O) 1 truckload @ $2.0600

None

April 27 $2.0400 0 None 1 truckload @ $2.0300

1 truckload @ $2.0700

April 26 $2.0400 0 None 1 truckload @ $2.0400

None

April 25 $2.0300 1 1 truckload @ $2.0300(B) 1 truckload @ $2.0200

3 truckloads @ $2.0500

April 18 - 22 AVG: $2.0500 2      
April 22 $2.0300 1 1 truckload @ $2.0300(B) 1 truckload @ $2.0200

3 truckloads @ $2.0500

April 21 $2.0400 0 None None

1 truckload @ $2.0500

April 20 $2.0400 1 1 truckload @ $2.0400(O) 1 truckload @ $2.0400

None

April 19 $2.0700 0 None 1 truckload @ $2.0700

1 truckload @ $2.0975

April 18 $2.0700 0 None 1 truckload @ $2.0675

None

April 11 - 15 AVG: $2.0880 19      
April 15 $2.0700 1 1 truckload @ $2.0700 (B)
1 truckload @ $2.0675

1 truckload @ $2.1000

April 14 $2.0600 2 1 truckload @ $2.0700 (B)
1 truckload @ $2.0600(B)
1 truckload @ $2.0500

2 truckloads @ $2.0700

April 13 $2.0700 8 5 truckloads @ $2.0700(O)
1 truckload @ $2.0675(O)
2 truckloads @ $2.0650(O)
1 truckload @ $2.0500

None

April 12 $2.0700 4 3 truckloads @ $2.0700(B)
1 truckload @ $2.0700(O)
1 truckload @ $2.0700

2 truckloads @ $2.0800

April 11 $2.1700 4 1 truckload @ $2.2000(B)
1 truckload @ $2.1900(B)
1 truckload @ $2.1800(B)
1 truckload @ $2.1700(B)
1 truckload @ $2.1500

None

April 4 - 8 AVG: $2.0485 26      
April 8 $2.1200 0 None 1 truckload @ $2.1200

1 truckload @ $2.1600

April 7 $2.0800 0 None 2 truckloads @ $2.0400

1 truckload @ $2.1000

April 6 $2.0800 21 3 truckloads @ $2.0800(O)
1 truckload @ $2.0775(O)
6 truckload @ $2.0700(O)
1 truckload @ $2.0650(O)
1 truckload @ $2.0625(B)
2 truckloads @ $2.0625(O)
1 truckload @ $2.0600(O)
2 truckloads @ $2.0525(B)
2 truckloads @ $2.0500(O)
1 truckload @ $2.0400(O)
1 truckload @ $2.0300(B)
1 truckload @ $2.0650

1 truckload @ $2.0850

April 5 $2.0025 5 1 truckload @ $2.0025(B)
1 truckload @ $2.0000(O)
1 truckload @ $1.9925(B)
1 truckload @ $1.9850(B)
1 truckload @ $1.9750(B)
1 truckload @ $2.0000

None

April 4 $1.9600 0 None 1 truckload @ $1.9600

None

March 28 - April 1 AVG: $1.9485 15      
April 1 $1.9600 1 1 truckload @ $1.9600(O) 2 truckloads @ $1.9000

1 truckload @ $1.9650

March 31 $1.9550 0 None 1 truckload @ $1.9550

2 truckloads @ $2.0000

March 30 $1.9550 9 2 truckloads @ $1.9700(B)
3 truckloads @ $1.9600(O)
1 truckload @ $1.9575(O)
1 truckload @ $1.9550(B)
1 truckload @ $1.9525(B)
1 truckload @ $1.9500(B)
1 truckload @ $1.9500

1 truckload @ $1.9600

March 29 $1.9500 5 1 truckload @ $1.9525(B)
2 truckloads @ $1.9500(B)
1 truckload @ $1.9500(O)
1 truckload @ $1.9475(O)
None

None

March 28 $1.9225 0 None
1 truckload @ $1.9225

None

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