Cheese Market: CME Cheese Block and Barrel Trading Details

June

2016 Block Trading

2015 Block Trading • 2014 Block Trading2013 Block TradingSee 2012 Block Trading2011 Block Trading

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
June 20 - 24 $1.5130 AVG 2      
June 24 $1.5125 0 None None 1 truckload @ $1.5225
June 23 $1.5125 0 None None None
June 22 $1.5125 0 None None None
June 21 $1.5125 2 1 truckload @ $1.5225(B)
1 truckload @ $1.5150(O)
None 1 truckload @ $1.5125
June 20 $1.5150 0 None None None
June 13 - 17 $1.5260 AVG 4      
June 17 $1.5150 0 None None 1 truckload @ $1.5150
June 16 $1.5350 0 None None 1 truckload @ $1.5350
June 15 $1.5400 4 1 truckload @ $1.5400(B)
1 truckload @ $1.5350(B)
1 truckload @ $1.5300(B)
1 truckload @ $1.5250(B)
1 truckload @ $1.5400 None
June 14 $1.5200 0 None None None
June 13 $1.5200 0 None 1 truckload @ $1.5200 None
June 6 - 10 $1.4655 AVG 4      
June 10 $1.4750 0 None 1 truckload @ $1.4750 None
June 9 $1.4750 0 None None 1 truckload @ $1.4750
June 8 $1.4800 3 1 truckload @ $1.4800(B)
1 truckload @ $1.4725(B)
1 truckload @ $1.4575(B)
None None
June 7 $1.4425 1 1 truckload @ $1.4425(O) None None
June 6 $1.4550 0 None 1 truckload @ $1.4550 None
May 30 -
June 3
$1.391875 AVG 16      
June 3 $1.4400 9 1 truckload @ $1.4300(O)
1 truckload @ $1.4275(B)
1 truckload @ $1.4275(O)
1 truckload @ $1.4250(O)
1 truckload @ $1.4200(O)
1 truckload @ $1.4150(O)
1 truckload @ $1.4100(O)
1 truckload @ $1.4075(B)
1 truckload @ $1.4000(B)
1 truckload @ $1.4400 None
June 2 $1.3950 4 1 truckload @ $1.3950(B)
3 truckloads @ $1.3800(B)
None None
June 1 $1.3625 3 2 truckloads @ $1.3625(O)
1 truckload @ $1.3575(O)
2 truckloads @ $1.3575 1 truckload @ $1.3725
May 31 $1.3700 0 None None 1 truckload @ $1.3700
May 30     No Trading None None

 

 

Barrels


2016 Barrel Trading

2015 Barrel Trading2014 Barrel Trading2013 Barrel Trading2012 Barrel Trading2011 Barrel Trading

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
June 20 - 24 $1.5400 AVG 0      
June 24 $1.5350 0 None None None
June 23 $1.5350 0 None None 1 truckload @ $1.5350
June 22 $1.5400 0 None None 1 truckload @ $1.5400
June 21 $1.5450 0 None None 1 truckload @ $1.5600
June 20 $1.5450 0 None None None
June 13 - 17 $1.5450 AVG 13      
June 17 $1.5450 7 5 truckloads @ $1.5525(B)
1 truckload @ $1.5550(O)
1 truckload @ $1.5500(O)
None 1 truckload @ $1.5450
June 16 $1.5500 1 1 truckload @ $1.5500(B) None None
June 15 $1.5550 2 1 truckload @ $1.5575(B)
1 truckload @ $1.5550(O)
None 1 truckload @ $1.5600
June 14 $1.5375 0 None None None
June 13 $1.5375 3 1 truckload @ $1.5375(B)
1 truckload @ $1.5225(B)
1 truckload @ $1.5125(B)
None None
June 6 - 10 $1.4970 AVG 5      
June 10 $1.5100 2 1 truckload @ $1.5100(O)
1 truckload @ $1.5000(O)
None 1 truckload @ $1.5200
June 9 $1.5050 0 None None None
June 8 $1.5050 2 1 truckload @ $1.5050(O)
1 truckload @ $1.4825(B)
1 truckload @ $1.4975 1 truckload @ $1.5050
June 7 $1.4750 1 1 truckload @ $1.4750 None None
June 6 $1.4900 0 None 1 truckload @ $1.4900 None
May 30 -
June 3
$1.42500 AVG 17      
June 3 $1.4450 12 6 truckloads @ $1.4450(B)
1 truckload @ $1.4450(O)
2 truckloads @ $1.4425(B)
1 truckload @ $1.4425(O)
2 truckloads @ $1.4350(O)
None None
June 2 $1.4300 1 1 truckloads @ $1.4300(B) None None
June 1 $1.4050 3 3 truckloads @ $1.4100(O) None 1 truckload @ $1.4050
May 31 $1.4200 1 1 truckload @ $1.4300(O) None 1 truckload @ $1.4200
May 30     No Trading None None

(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

To review 2008 and 2009, visit Cheese Price Archives