Butter Market: CME Grade AA Butter
February 2012
| Date | Butter Closing Price |
Carloads Sold | Sold on Bids or Offers | Unfilled Bids | Unfilled Offers |
| February 22 | $1.4150 | 1 | 1 truckload @ $1.4150(O) | None | 1 truckload @ $1.4200 |
| February 21 | $1.4150 | 0 | None | 1 truckloads @ $1.4150 | 1 truckload @ $1.4200 |
| February 20 | No | Trading | |||
| February 17 | $1.4150 | 0 | None | 5 truckloads @ $1.4150 | None |
| February 16 | $1.3975 | 0 | None | None | 1 truckload @ $1.4000 |
| February 15 | $1.3975 | 5 | 3 truckloads @ $1.4000(O) 2 truckloads @ $1.3975(O) |
None | None |
| February 14 | $1.4000 | 5 | 2 truckloads @ $1.4000(O) 2 truckloads @ $1.3975(O) 1 truckload @ $1.3950(O) |
1 truckload @ $1.3900 | None |
| February 13 | $1.3925 | 0 | None | None | 1 truckload @ $1.3925 |
| February 10 | $1.4325 | 0 | None | None | None |
| February 9 | $1.4325 | 3 | 3 truckloads @ $1.4325(O) |
None | None |
| February 8 | $1.4400 | 0 | None |
None | 1 truckload @ $1.4400 |
| February 7 | $1.4450 | 1 | 1 truckload @ $1.4450(O) |
1 truckload @ $1.4300 | None |
| February 6 | $1.4625 | 0 | None |
None | 1 truckload @ $1.4625 |
| February 3 | $1.4925 | 0 | None |
None | None |
| February 2 | $1.4925 | 0 | None |
5 truckloads @ $1.4900 | 1 truckload @ $1.4925 |
| February 1 | $1.4950 | 3 | 3 truckloads @ $1.5000 |
None | 1 truckload @ $1.4950 |
| January 31 | $1.5050 | 0 | None |
None | 1 truckload @ $1.5050 |
| January 30 | $1.5050 | 0 | None |
None | 1 truckload @ $1.5050 |
January 2012
| Date | Butter Closing Price |
Carloads Sold | Sold on Bids or Offers | Unfilled Bids | Unfilled Offers |
| February 3 | $1.4925 | 0 | None |
None | None |
| February 2 | $1.4925 | 0 | None |
5 truckloads @ $1.4900 | 1 truckload @ $1.4925 |
| February 1 | $1.4950 | 3 | 3 truckloads @ $1.5000 |
None | 1 truckload @ $1.4950 |
| January 31 | $1.5050 | 0 | None |
None | 1 truckload @ $1.5050 |
| January 30 | $1.5050 | 0 | None |
None | 1 truckload @ $1.5050 |
| January 27 | $1.5500 | 0 | None |
None | 2 truckloads @ $1.5500 |
| January 26 | $1.5550 | 0 | 1 truckload @ $1.5550 |
None | None |
| January 25 | $1.5600 | 0 | None |
1 truckload @ $1.5300 | 2 truckloads @ $1.5600 |
| January 24 | $1.5600 | 0 | None |
1 truckload @ $1.5200 | 1 truckload @ $1.5600 |
| January 23 | $1.5650 | 0 | None |
None | 1 truckload @ $1.5650 |
| January 20 | $1.5700 | 0 | None |
None | 1 truckload @ $1.5700 |
| January 19 | $1.5775 | 0 | None |
None | 1 truckload @ $1.5775 |
| January 18 | $1.5775 | 0 | None |
None | 2 truckloads @ $1.5775 |
| January 17 | $1.5950 | 0 | None |
None | 1 truckload @ $1.5950 |
| January 16 | No | Trading | |||
| January 13 | $1.6125 | 0 | None |
None | 2 truckloads @ $1.6125 |
| January 12 | $1.6125 | 2 | 1 truckload @ $1.6175 (O) |
1 truckload @ $1.6075 | 1 truckload @ $1.6125 |
| January 11 | $1.6275 | 0 | None |
1 truckload @ $1.6250 | 1 truckload @ $1.6275 |
| January 10 | $1.6400 | 0 | None |
None | None |
| January 9 | $1.6400 | 4 | 1 truckload @ $1.6300(B) |
1 truckload @ $1.6400 | None |
| January 6 | $1.6050 | 0 | None | None | None |
| January 5 | $1.6050 | 1 | 1 truckload @ $1.6050(B) | 2 truckloads @ $1.6025 | None |
| January 4 | $1.6000 | 1 | 1 truckload @ $1.6000(O) | 2 truckloads @ $1.6000 | None |
| January 3 | $1.6000 | 1 | 1 truckload @ $1.6000(B) | 2 truckloads @ $1.6000 | None |
| January 2 | No | Trading |
December 2011
| Date | Butter Closing Price |
Carloads Sold | Sold on Bids or Offers | Unfilled Bids | Unfilled Offers |
| December 30 | $1.5950 | 0 | None | 2 truckloads @ $1.5950 | None |
| December 29 | $1.5950 | 0 | None | 1 truckload @ $1.5950 | None |
| December 28 | $1.5950 | 0 | None | 2 truckloads @ $1.5950 | None |
| December 27 | $1.5950 | 0 | None | 2 truckloads @ $1.5950 | None |
| December 26 | No | Trading | |||
| December 23 | $1.5950 | 1 | 1 truckload @ $1.5950(O) | 2 truckloads @ $1.5950 | None |
| December 22 | $1.5950 | 0 | None | 3 truckloads @ $1.5950 | None |
| December 21 | $1.5950 | 3 | 1 truckload @ $1.5950(B) 1 truckload @ $1.5925(B) 1 truckload @ $1.5850(B) |
5 truckloads @ $1.5950 | None |
| December 20 | $1.5950 | 3 | 2 truckloads @ $1.6025(B) 1 truckload @ $1.5950(O) |
None | None |
| December 19 | $1.6025 | 0 | None | 2 truckloads @ $1.6025 | None |
| December 16 | $1.6025 | 2 | 2 truckloads @ $1.6025(B) |
4 truckloads @ $1.6025 | None |
| December 15 | $1.6025 | 4 | 2 truckloads @ $1.6025(B) 2 truckloads @ $1.6000(O) |
2 truckloads @ $1.6025 | None |
| December 14 | $1.5900 | 5 | 2 truckloads @ $1.5950(B) 2 truckloads @ $1.5950(O) 1 truckload @ $1.5900(O) |
None | None |
| December 13 | $1.6100 | 4 | 2 truckloads @ $1.6125(O) 2 truckloads @ $1.6100(O) |
None | None |
| December 12 | $1.6200 | 0 | None | None | 1 truckload @ $1.6200 |
| December 9 | $1.6400 | 2 | 2 truckloads @ $1.6400(B)
|
2 truckloads @ $1.6400 | None |
| December 8 | $1.6400 | 5 | 1 truckload @ $1.6400(B) 2 truckloads @ $1.6400(O) 2 truckloads @ $1.6375(O) |
2 truckloads @ $1.6400 | None |
| December 7 | $1.6400 | 2 | 2 truckloads @ $1.6400(O) |
4 truckloads @ $1.6400 | None |
| December 6 | $1.6400 | 4 | 2 truckloads @ $1.6400(B) 1 truckload @ $1.6375(B) 1 truckload @ $1.6325(O) |
2 truckloads @ $1.6400 | None |
| December 5 | $1.6325 | 12 | 2 truckloads @ $1.6325(B) 4 truckloads @ $1.6300(B) 6 truckloads @ $1.6300(O) |
4 truckloads @ $1.6300 | None |
| December 2 | $1.6300 | 15 | 5 truckloads @ $1.6300(O) 1 truckload @ $1.6275(O) 2 truckloads @ $1.6250(B) 7 truckloads @ $1.6250(O) |
2 truckloads @ $1.6275 | None |
| December 1 | $1.6400 | 9 | 1 truckload @ $1.6550(O) 4 truckloads @ $1.6500(B) 2 truckloads @ $1.6450(O) 1 truckload @ $1.6425(O) 1 truckload @ $1.6400(O) |
None | 1 truckload @ $1.6400 |
(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