Cheese Market: CME Cheese Block and Barrel Trading Details

April and March

 

January - February 2014 Block Trading • 2013 Block Trading • See 2012 Block Trading • 2011 Block Trading

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
April 23 $2.2100 2 1 truckload @ $2.2175O)
1 truckload @ $2.2100(O)
 None None
April 22 $2.2225 2 1 truckload @ $2.2325(O)
1 truckload @ $2.2225(O)
 None 1 truckload @ $2.2225
April 21 $2.2500 1 1 truckload @ $2.2500(O)
None None
Apr 14 - 18 AVG: $2.22125 4      
April 18 no   trading    
April 17 $2.2800 4 1 truckload @ $2.2800(B)
3 trucklaods @ $2.2325(B)		 None None
April 16 $2.2225 0 None 1 truckload @ $2.2225 None
April 15 $2.1975 0 None 1 truckload @ $2.1975 None
April 14 $2.1850 0 None 1 truckload @ $2.1850 None
Apr 7-11 AVG: $2.2175 11      
April 11 $2.1700 6 1 truckload @ $2.1700(B)
1 truckload @ $2.1700(O)
4 truckloads @ $2.1650(O)		 None None
April 10 $2.1650 1 1 truckload @ $2.1700(O) None 1 truckload @ $2.1650
April 9 $2.1875 0 None None 1 truckload @ $2.1875
April 8 $2.2650 2 1 truckload @ $2.2900(O)
1 truckload @ $2.2700(O)		 None 1 truckload @ $2.2650
April 7 $2.3000 2 1 truckload @ $2.3300(O)
1 truckload @ $2.3100(O)		 None 1 truckload @ $2.3000
Mar 31-Apr 4 AVG: $2.3855 1      
April 4 $2.3500 1 1 truckload @ $2.4100(O) None 1 truckload @ $2.3500
April 3 $2.4225 0 None 1 truckload @ $2.4225 None
April 2 $2.3850 0 None 1 truckload @ $2.3850 None
April 1 $2.3850 0 None 1 truckload @ $2.3850 None
March 31 $2.3850 0 None None None
March 24 - 28 AVG: $2.4160 5      
March 28 $2.3850 2 1 truckload @ $2.4075(O)
1 truckload @ $2.3850(O)		 None 1 truckload @ $2.3850
March 27 $2.4075 1 1 truckload @ $2.4225(O) None 1 truckload @ $2.4075
March 26 $2.4225 2 1 truckload @ $2.4325(O)
1 truckload @ $2.4225(O)		 None None
March 25 $2.4325 0 None None None
March 24 $2.4325 0 None 1 truckload @ $2.4325 None
March 17 - 21 $2.4150 0      
March 21 $2.4275 0 None None None
March 20 $2.4275 0 None 1 truckload @ $2.4275 None
March 19 $2.4200 0 None 1 truckload @ $2.4200 None
March 18 $2.4000 0 None None None
March 17 $2.4000 0 None 1 truckload @ $2.4000 None
March 10 - 14 $2.3315 0      
March 14 $2.3625 0 None 2 truckloads @ $2.3625 None
March 13 $2.3500 0 None 2 truckloads @ $2.3500 None
March 12 $2.3250 0 None 1 truckload @ $2.3250 None
March 11 $2.3200 0 None 1 truckload @ $2.3200 None
March 10 $2.3000 0 None 1 truckload @ $2.3000 None
March 3 - 7 $2.2530        
March 7 $2.2925 0 None 1 truckload @ $2.2925 None
March 6 $2.2800 0 None 1 truckload @ $2.2800 None
March 5 $2.2375 0 None None None
March 4 $2.2275 0 None None None
March 3 $2.2275 0 None 1 truckload @ $2.2275 None

 

January - February 2014 Barrel Trading • 2013 Barrel Trading • 2012 Barrel Trading • 2011 Barrel Trading

Barrels

 

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
April 23 $2.2175 0 None None 1 truckload @ $2.2175
April 22 $2.2300 0 None None 1 truckload @ $2.2300
April 21 $2.2500 0 None None 1 truckload @ $2.2500
Apr 14 - 18 AVG: $2.1950 0      
April 18 no   trading    
April 17 $2.2575 0 None 1 truckload @ $2.2575 None
April 16 $2.1875 0 None 1 truckload @ $2.1875 None
April 15 $2.1675 0 None 1 truckload @ $2.1675 None
April 14 $2.1675 0 None 1 truckload @ $2.1675 None
Apr 7-11 AVG: $2.1210 3      
April 11 $2.0800 0 None 1 truckload @ $2.0800 None
April 10 $2.0750 0 None 1 truckload @ $2.0750 None
April 9 $2.0750 3 3 truckloads @ $2.0750(O) None None
April 8 $2.1500 0 None None 1 truckload @ $2.1500
April 7 $2.2250 0 None None None
Mar 31-Apr 4 AVG: $2.2410 3      
April 4 $2.2250 0 None None 1 truckload @ $2.2250
April 3 $2.2300 3 2 truckloads @ $2.2600(O)
1 truckload @ $2.2400(O)		 1 truckload @ $2.2000 1 truckload @ $2.2300
April 2 $2.2500 0 None 1 truckload @ $2.2200 None
April 1 $2.2500 0 None None None
March 31 $2.2500 0 None None 1 truckload @ $2.2500
March 24 - 28 AVG: $2.3355 11      
March 28 $2.2900 0 None None 1 truckload @ $2.2900
March 27 $2.3200 2 2 truckloads @ $2.3200(O) None 1 truckload @ $2.3400
March 26 $2.3300 0 None 1 truckload @ $2.0500 1 truckload @ $2.3300
March 25 $2.3600 0 None None 1 truckload @ $2.3600
March 24 $2.3775 9 1 truckload @ $2.3825(B)
1 truckload @ $2.3800(O)
1 truckload @ $2.3775(O)
1 truckload @ $2.3700(B)
1 truckload @ $2.3400(O)
1 truckload @ $2.3300(O)
2 truckloads @ $2.3200(O)
1 truckload @ $2.3175(O)		 None None
March 17 - 21 $2.3050 8      
March 21 $2.3100 0 None 1 truckload @ $2.3100 None
March 20 $2.3000 3 1 truckload @ $2.3300(B)
2 truckloads @ $2.3000 (O)		 None 1 truckload @ $2.3000
March 19 $2.3050 0 None 1 truckload @ $2.3050 None
March 18 $2.3050 0 None None None
March 17 $2.3050 5 1 truckload @ $2.3050(B)
1 truckload @ $2.2950(B)
1 truckload @ $2.2600(O)
1 truckload @ $2.2550(O)
1 truckload @ $2.2450(B)		 None None
March 10 - 14 $2.2755 2      
March 14 $2.2625 0 None None 1 truckload @ $2.2625
March 13 $2.2750 0 None None 1 truckload @ $2.2750
March 12 $2.2850 0 None None None
March 11 $2.2850 2 2 truckloads @ $2.2850(B) None None
March 10 $2.2700 0 None 1 truckload @ $2.2700 None
March 3 - 7 $2.2060        
March 7 $2.2500 0 None None None
March 6 $2.2500 0 None 1 truckload @ $2.2500 None
March 5 $2.2425 1 1 truckload @ $2.2075(B)
1 truckload @ $2.2425 None
March 4 $2.1275 2 1 truckload @ $2.1550(O)
1 truckload @ $2.1400(O)
 None 1 truckload @ $1.1275
March 3 $2.1600 0 None None 1 truckload @ $2.1600

(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