Butter Market: CME Grade AA Butter

 

Jan - March 2015 Butter Trading 2014 Butter Trading 2013 Butter Trading 2012 Butter Trading

 

April 2015

Date Butter
Closing Price
Carloads Sold Sold on Bids or Offers    Unfilled Bids Unfilled Offers     
April 20 - 24 AVG: 1.8300 0      
April 24 $1.8300 0

None

None None
April 23 $1.8300 0

None

1 truckload @ $1.8300 1 truckload @ $1.8600
April 22 $1.8300 0

None

1 truckload @ $1.8300 None
April 21 $1.8300 0

None

1 truckload @ $1.8300 None
April 20 $1.8300 0

None

1 truckload @ $1.8300 None
April 13 - 17 AVG: 1.7745 10      
April 17 $1.8075 1

1 truckload @ $1.8025(B)

1 truckload @ $1.8075 None
April 16 $1.7725 0

None

1 truckload @ $1.7725 None
April 15 $1.7700 0

None

None 2 truckloads @ $1.8050
April 14 $1.7700 9

6 truckloads @ $1.7800(B)
1 truckload @ $1.7725(B)
1 truckload @ $1.7700(B)
1 truckload @ $1.7650(B)

1 truckload @ $1.7700 2 truckloads @ $1.8000
April 13 $1.7525 0 None 1 truckload @ $1.7525 1 truckload @ $1.8100
April 6 - 10 AVG: 1.7470 1      
April 10 $1.7525 0 None None None
April 9 $1.7525 1 1 truckload @ $1.7500(O) 1 truckload @ $1.7525 None
April 8 $1.7500 0 None 1 truckload @ $1.7500 None
April 7 $1.7400 0 None 1 truckload @ $1.7200 None
April 6 $1.7400 0 None None None
March 31 - April 3 AVG: 1.759375 13      
April 3 No   Trading    
April 2 $1.7400 2 2 truckloads @ $1.7400(O)
1 truckload @ $1.7350 None
April 1 $1.7600 6 1 truckload @ $1.7700(B)
3 truckloads @ $1.7650(B)
2 truckloads @ $1.7600(B)
1 truckload @ $1.7600 None
March 31 $1.7850 4 1 truckload @ $1.7900(B)
1 truckload @ $1.7850(B)
2 truckloads @ $1.7800(B)
1 truckload @ $1.7825 1 truckload @ $1.8000
March 30 $1.7525 1 1 truckload @ $1.7525(O)
1 truckload @ $1.7400 None

 

 

 

(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