Cheese Market: CME Cheese Block and Barrel Trading Details

July

 

January - May 2014 Block Trading2013 Block TradingSee 2012 Block Trading2011 Block Trading

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
July 30 $1.9750 3

1 truckload @ $1.9750 (O) 2 truckloads @ $1.9900 (O)

None None
July 29 $1.9800 0

None

1 truckload @ $1.9800 None
July 28 $1.9725 3

1 truckload @ $1.9725 (B) 2 truckloads @ $1.9700 (B)

2 truckloads @ $1.9700 1 truckload @ $1.9800
July 25 $1.9700 3

1 truckload @ $1.9875 (B) 2 truckloads @ $1.9700 (O)

1 truckload @ $1.9600 None
July 24 $1.9875 3

1 truckload @ $2.0050 (O) 2 truckloads @ $1.9875 (O)

None None
July 23 $2.0400 3

1 truckload @ $2.0300 (O) 1 truckload @ $2.0350 (B )

1 truckload @ $2.0400 (B)

None None
July 22 $2.0300 2 2 truckloads @ $2.0300 (B) 2 truckloads @ $2.0300 None
July 21 $2.0275 0 None 1 truckload @ $2.0275 1 truckload @ $2.0500
July 14 - 18 AVG: $2.0100 20      
July 18 $2.0275 6 2 truckloads @ $2.0500(B)
1 truckload @ $2.0475(O)
1 truckload @2.0350(O)
2 truckloads @ $2.0275(O)
1 truckload @ $2.0250 None
July 17 $2.0225 0 None 1 truckload @ $2.0225 1 truckload @ $2.0600
July 16 $2.0025 3 1 truckload @ $2.0050(B)
1 truckload @ $2.0025(O)
1 truckload @ $2.0000(B)
None 1 truckload @ $2.0050
July 15 $2.0000 1 1 truckload @ $2.0000(0)

None None
July 14 $1.9975 10 6 truckloads @ $1.9975(B)
2 truckloads @ $1.9950(B)
1 truckload @ $1.9900(B)
1 truckload @ $1.9750(B)
None None
July 7 - 11 AVG: $1.9555 29      
July 11 $1.9700 7 1 truckload @ $1.9775(B)
1 truckload @ $1.9750(B)
1 truckload @ $1.9725(B)
1 truckload @ $1.9650(B)
1 truckload @ $1.9625(B)
2 truckloads @ $1.9525(B)

1 truckload @ $1.9650 1 truckload @ $1.9700
July 10 $1.9500 1 1 truckload @ $1.9500(B)

2 truckloads @ $1.9500 2 truckloads @ $1.9600
July 9 $1.9475 9 7 truckloads @ $1.9550(B)
1 truckload @ $1.9500(O)
1 truckload @ $1.9475(O)
1 truckload @ $1.9425 None
July 8 $1.9550 6 1 truckload @ $1.9550(B)
1 truckload @ $1.9525(B)
4 truckloads @ $1.9500(O)
1 truckload @ $1.9500 None
July 7 $1.9550 6 1 truckload @ $1.9650(O)
2 truckloads @ $1.9600(B)
1 truckload @41.9550(B)
2 truckloads @ $1.9550(O)
3 truckloads @ $1.9500 1 truckload @ $1.9575
Jun 30- July 4 AVG: $1.98188 26      
July 4     No Trading    
July 3 $1.9675 8 5 truckloads @ $1.9725(O)
2 truckloads @ $1.9700(O)
1 truckload @ $1.9675(O)
None 1 truckload @ $1.9725
July 2 $1.9725 6 1 truckload @ $1.9875(B)
1 truckload @ $1.9850(O)
2 truckloads @ $1.9800(O)
1 truckload @ $1.9775(O)
1 truckload @ $1.9725(O)
None 1 truckload @ $1.9750
July 1 $1.9875 8 5 truckloads @ $2.0000(O)
2 truckloads @ $1.9900(O)
1 truckload @ $1.9875(O)

None 1 truckload @ $1.9900
June 30 $2.0000 4 1 truckload @ $2.0200(B)
1 truckload @ $2.0175(B)
1 truckload @ $2.0100(B)
1 truckload @ $2.0000 (O)

1 truckload @ $2.0000 1 truckload @ $2.0050

January - March 2014 Barrel Trading2013 Barrel Trading2012 Barrel Trading2011 Barrel Trading

Barrels

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
July 30 $1.9475 0 None

1 truckload @ $1.9400 None
July 29 $1.9475 0 None

None None
July 28 $1.9475 5 2 truckloads @ $1.9500(O)
2 truckloads @ $1.9475(O)
1 truckload @ $1.9450(O)

1 truckload @ $1.9450 1 truckload @ $1.9575
July 25 $1.9525 3 2 truckloads @ $1.9525 (B)
1 truckload @ $1.9525 (O)
2 truckloads @ $1.9500 1 truckload @ $1.9600
July 24 $1.9975 5 1 truckload @ $2.0225(O)
1 truckload @ $2.0125(O)
2 truckloads @ $1.9950(O)
1 truckload @ $2.0000(B)
None None
July 23 $2.0325 6 1 truckload @ $2.0350 (O)
1 truckload @ $2.0325(O)
4 truckloads @ $2.0400(O)
1 truckload @ $2.0300 None
July 22 $2.0700 0 None 1 truckload @ $2.0700 None
July 21 $2.0700 0 None 1 truckload @ $2.0700 None
July 14 - 18 AVG: $2.0415 20      
July 18 $2.0700 5 1 truckload @ $2.0750 (B)
1 truckload @ $2.0725(O)
3 truckloads @ $2.0700(O)
1 truckload @ $2.0700 None
July 17 $2.0600 4 4 truckloads @ $2.0600 (B) 2 truckloads @ $2.0600 None
July 16 $2.0400 6 1 truckload @ $2.0550(B)
1 truckload @ $2.0550(O)
1 truckload @ $2.0525(B)
1 truckload @ $2.0500(O)
1 truckload @ $2.0450(O)
1 truckload @ $2.0400(O)
1 truckload @ $2.0400 None
July 15 $2.0325 0 None 1 truckload @ $2.0325 None
July 14 $2.0050 5 2 truckloads @ $2.0050(B)
2 truckloads @ $2.0025(B)
1 truckload @ $1.9925(B)
1 truckload @ $2.0050 None
July 7 - 11 AVG: $1.9645 15      
July 11 $1.9875 6 1 truckload @ $1.9825(B)
1 truckload @ $1.9750(O)
2 truckloads @ $1.9725(B)
1 truckload @ $1.9700(B)
1 truckload @ $1.9675(B)
1 truckload @ $1.9875 None
July 10 $1.9600 2 2 truckloads @ $1.9500(B)
1 truckload @ $1.9600 None
July 9 $1.9450 1 1 truckload @ $1.9450(B)
1 truckload @ $1.9450 None
July 8 $1.9450 6 2 truckloads @ $1.9850(B)
1 truckload @ $1.9800(B)
1 truckload @ $1.9800(O)
2 truckloads @ $1.9450(O)
None None
July 7 $1.9850 0 None 1 truckload @ $1.9850 None
Jun 30- July 4 AVG: $1.99063 3      
July 4     No Trading    
July 3 $1.9850 1 1 truckload @ $1.9850(B) 1 truckload @ $1.9850 None
July 2 $1.9850 1

1 truckload @ $1.9850(B)

1 truckload @ $1.9825 None
July 1 $1.9825 1

1 truckload @ $1.9825

None None
June 30 $2.0100 0

None

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