Cheese Market: CME Cheese Block and Barrel Trading Details

July

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
July 28 $1.7325 2 1 truckload @ $1.7350(B)
1 truckload @ $1.7325(O)
None None
July 27 $1.7200 2 1 truckload @ $1.7200(B)
1 truckload @ $1.7150(B)
1 truckload @ $1.7100 None
July 26 $1.7050 0 None None 1 truckload @ $1.7050
July 25 $1.7075 0 None None None
July 18 - 22 $1.6795 AVG 4      
July 22 $1.7075 2 1 truckload @ $1.6800(O)
1 truckload @ $1.7000(B)
1 truckload @ $1.7075 None
July 21 $1.6650 0 None None 1 truckload @ $1.6650
July 20 $1.6800 0 None None None
July 19 $1.6800 1 1 truckload @ $1.6775(B) 2 truckloads @ $1.6800 None
July 18 $1.6650 1 1 truckload @ $1.6600(B) 2 truckloads @ $1.6650 None
July 11 - 15 $1.6400 AVG 1      
July 15 $1.6600 1 1 truckload @ $1.6600(O) 1 truckload @ $1.6575 1 truckload @ $1.6700
July 14 $1.6500 0 None 1 truckload @ $1.6500 None
July 13 $1.6300 0 None 1 truckload @ $1.6300 None
July 12 $1.6300 0 None None None
July 11 $1.6300 0 None None None
July 5 - 8 $1.60125 AVG 3      
July 8 $1.6300 1 1 truckload @ $1.6300(B) None None
July 7 $1.6000 0 None 2 truckloads @ $1.6000 None
July 6 $1.5800 2 2 truckloads @ $1.5800 None None
July 5 $1.5950 0 None None 1 truckload @ $1.5950
July 4   No Trading    
June 27 -
July 1
$1.5830 AVG 6      
July 1 $1.6250 2 1 truckload @ $1.6325(O)
1 truckload @ $1.5250(O)
None 1 truckload @ $1.6250
June 30 $1.6600 2 1 truckload @ $1.66000(O)
1 truckload @ $1.6525(B)
1 truckload @ $1.6650 None
June 29 $1.5800 1 1 truckload @ $1.5750(B) 1 truckload @ $1.5800 None
June 28 $1.5300 0 None 1 truckload @ $1.5300 None
June 27 $1.5200 1 1 truckload @ $1.5250(B) None 1 truckload @ $1.5200

 

 

Barrels


2016 Barrel Trading

2015 Barrel Trading2014 Barrel Trading2013 Barrel Trading2012 Barrel Trading2011 Barrel Trading

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
July 28 $1.7750 0 None None None
July 27 $1.7750 0 None None None
July 26 $1.7750 0 None None None
July 25 $1.7750 0 None None None
July 18 - 22 $1.7570 AVG 16      
July 22 $1.7750 12 6 truckloads @ $1.7550(B)
1 truckload @ $1.7600(O)
1 truckload @ $1.7700(O)
1 truckload @ $1.7725(B)
1 truckload @ $1.7750(O)
2 truckloads @ $1.7750(B)
None 1 truckload @ $1.7800
July 21 $1.7550 2 2 truckloads @ $1.7550(B) 1 truckload @ $1.7450 1 truckload @ $1.7550
July 20 $1.7550 0 None None None
July 19 $1.7550 2 2 truckloads @ $1.7550(B) None None
July 18 $1.7450 0 None None None
July 11 - 15 $1.7290 AVG 15      
July 15 $1.7450 8 1 truckload @ $1.7450(B)
1 truckload @ $1.7425(B)
6 truckloads @ $1.7375(B)
None 1 truckload @ $1.7500
July 14 $1.7350 5 1 truckload @ $1.7350(O)
1 truckload @ $1.7325(O)
1 truckload @ $1.7300(O)
1 truckload @ $1.7250(B)
1 truckload @ $1.7225(B)
None None
July 13 $1.7225 0 None None None
July 12 $1.7225 2 1 truckload @ $1.7225(B)
1 truckload @ $1.7200(B)
None None
July 11 $1.7200 0 None None None
July 5 - 8 $1.6875 AVG 18      
July 8 $1.7200 18 1 truckload @ $1.7200(O)
1 truckload @ $1.7175(B)
1 truckload @ $1.7150(B)
2 truckloads @ $1.7100(O)
1 truckload @ $1.7050(O)
1 truckload @ $1.7000(B)
7 truckloads @ $1.6900(B)
4 truckloads @ $1.6900(O)
None 1 truckload @ $1.7300
July 7 $1.6900 0 None 1 truckload @ $1.6900 None
July 6 $1.6700 0 None 1 truckload @ $1.6700 None
July 5 $1.6700 0 None None 1 truckload @ $1.6900
July 4   No Trading    
June 27
July 1
$1.6285 AVG 28      
July 1 $1.6700 16 9 truckloads @ $1.7100(B)
3 truckloads @ $1.7100(O)
1 truckload @ $1.7075(O)
1 truckload @ $1.7050O)
1 truckload @ $1.7000(O)
1 truckload @ $1.6900(O)
None 1 truckload @ $1.6700
June 30 $1.7100 12 12 truckloads @ $1.7100(B) 1 truckload @ $1.7100 1 truckload @ $1.7200
June 29 $1.6600 0 None 1 truckload @ $1.6600 None
June 28 $1.5600 0 None 1 truckload @ $1.5600 None
June 27 $1.5425 0 None 1 truckload @ $1.5425 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