Cheese Market: CME Cheese Block and Barrel Trading Details

July

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 $1.6400 1 1 truckload @ $1.6400(O) None 1 truckload @ $1.6500
July 27 $1.6550 0 None None 1 truckload @ $1.6550
July 20 - 24 AVG: $1.6680 7      
July 24 $1.6975 2 1 truckload @ $1.7200(B)
1 truckload @ $1.6975(O)
None None
July 23 $1.7125 0 None 1 truckload @ $1.7125 None
July 22 $1.6650 1 1 truckload @ $1.6650(O)
1 truckload @ $1.6650 None
July 21 $1.6700 3 1 truckload @ $1.6700O)
1 truckload @ $1.6600((O)
1 truckload @ $1.6500(B)
1 truckload @ $1.6700 1 truckload @ $1.6800
July 20 $1.5950 1 1 truckload @ $1.5950(O) None None
July 13 - 17 AVG: $1.6480 14      
July 17 $1.6125 5 4 truckloads @ $1.6150(O)
1 truckload @ $1.6125(O)
None None
July 16 $1.6150 4 1 truckload @ $1.6175(O)
2 truckloads @ $1.6150(O)
1 truckload @ $1.6125(O)
None None
July 15 $1.6400 2 1 truckload @ $1.6500(O)
1 truckload @ $1.6400(B)
1 truckload @ $1.6200 1 truckload @ $1.6550
July 14 $1.6775 2 1 truckload @ $1.6850(O)
1 truckload @ $1.6775(O)
None None
July 13 $1.6950 1 1 truckload @ $1.7025(O) 1 truckload @ $1.6800 1 truckload @ $1.6950
July 6 - 10 AVG: $1.666 7      
July 10 $1.7250 4 1 truckload @ $1.7250(B)
1 truckload @ $1.7200(B)
2 truckloads @ $1.7100(B)
None None
July 9 $1.6900 0 None 2 truckloads @ $1.6900 None
July 8 $1.6525 2 2 truckloads @ $1.6525(O) None None
July 7 $1.6425 1 1 truckload @ $1.6425(O) None None
July 6 $1.6200 0 None None None
Jun 29 - Jul 3 AVG: $1.6250 10      
July 3     Market Closed    
July 2 $1.6200 4 2 truckloads @ $1.6325(O)
2 truckloads @ $1.6300(O)
None 1 truckload @ $1.6200
July 1 $1.6325 2 1 truckload @ $1.6300(B)
1 truckload @ $1.6225(O)
1 truckload @ $1.6325 None

 

 

Barrels


2015 Barrel Trading 2014 Barrel Trading2013 Barrel Trading2012 Barrel Trading2011 Barrel Trading

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
July 28 $1.6400 0 None 1 truckload @ $1.6400 None
July 27 $1.6400 1 1 truckload @ $1.6400(O) None None
July 20 - 27 AVG: $1.6395 21      
July 24 $1.6600 5 3 truckloads @ $1.6950(B)
1 truckload @ $1.6800(O)
1 truckload @ $1.6600(O)
None 1 truckload @ $1.6700
July 23 $1.6750 4 4 truckloads @ $1.6750(B) None None
July 22 $1.6450 5 5 truckloads @ $1.6475(B) None 1 truckload @ $1.6450
July 21 $1.6375 1 1 truckload @ $1.6400(O) None 1 truckload @ $1.6375
July 20 $1.5800 6 4 truckloads @ $1.5800(O)
2 truckloads @ $1.5775(O)
None None
July 13 - 17 AVG: $1.6120 8      
July 17 $1.5950 0 None None None
July 16 $1.5950 5 1 truckload @ $1.5975(O)
2 truckloads @ $1.5950(O)
1 truckload @ $1.5925(O)
1 truckload @ $1.5900(O)
None 1 truckload @ $1.6000
July 15 $1.6100 2 1 truckload @ $1.6200(O)
1 truckload @ $1.6100(B)
1 truckload @ $1.5900 None
July 14 $1.6300 0 None None None
July 13 $1.6300 1 1 truckload @ $1.6300(B) 1 truckload @ $1.6100 1 truckload @ $1.6400
July 6 - 10 AVG: $1.6140 12      
July 10 $1.6600 1 1 truckload @ $1.7000(B) 1 truckload @ $1.6400 1 truckload @ $1.6600
July 9 $1.6700 5 2 truckloads @ $1.6125(B)
1 truckload @ $1.6125(O)
1 truckload @ $1.6100(B)
1 truckload @ $1.6100(O)
1 truckload @ $1.6700 None
July 8 $1.5900 4 1 truckload @ $1.6050(B)
1 truckload @ $1.5950(B)
1 truckload @ $1.5900(O)
1 truckload @ $1.5925(O)
None 1 truckload @ $1.6000
July 7 $1.5750 0 None 1 truckload @ $1.5750 None
July 6 $1.5750 2 1 truckload @ $1.5800(O)
1 truckload @ $1.5750(O)
None 1 truckload @ $1.5800
Jun 29 - Jul 3 AVG: $1.59125 25      
July 3     Market Closed    
July 2 $1.5825 9 1 truckload @ $1.6000(B)
1 truckload @ $1.5950(B)
3 truckloads @ $1.5950(O)
1 truckload @ $1.5925(O)
1 truckload @ $1.5900(B)
2 truckloads @ $1.5850(O)
None 1 truckload @ $1.5825
July 1 $1.6000 14 1 truckload @ $1.6000(O)
2 truckloads @ $1.5925(O)
1 truckload @ $1.5900(B)
1 truckload @ $1.5900(O)
4 truckloads @ $1.5875(B)
1 truckload @ $1.5875(O)
3 truckloads @ $1.5850(B)
1 truckload @ $1.5825(B)
1 truckload @ $1.5925 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