Cheese Market: CME Cheese Block and Barrel Trading Details

August

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

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
September 1 $1.7500 1 1 truckload @ $1.7500(B) 2 truckloads @ $1.7500

None

August 31 $1.7300 0 None 1 truckload @ $1.7300

None

Aug 24 - 28 AVG: $1.6875 10      
August 28 $1.7000 1 1 truckload @ $1.6575(B) 1 truckload @ $1.7000

1 truckload @ $1.7200

August 27 $1.6575 2 1 truckload @ $1.6575(O)
1 truckload @ $1.6550(O)
1 truckload @ $1.6550

None

August 26 $1.6700 2 2 truckloads @ $1.6700(O) None

1 truckload @ $1.6800

August 25 $1.6700 2 1 truckload @ $1.7100(B)
1 truckload @ $1.6700(B)
None

1 truckload @ $1.6775

August 24 $1.7100 3 1 truckload @ $1.7400(O)
2 truckloads @ $1.7100(O)
None

1 truckload @ $1.7200

Aug 17 - 21 AVG: $1.7025 3      
August 21 $1.7400 0 None 1 truckload @ $1.7400

None

August 20 $1.7250 0 None 1 truckload @ $1.7250

None

August 19 $1.6900 2 2 truckloads @ $1.6900O) 1 truckload @ $1.6800

None

August 18 $1.6750 1 1 truckload @ $1.6750(O) None

None

August 17 $1.6825 0 None
None

1 truckload @ $1.6825

Aug 10 - 14 AVG: $1.7200 10      
August 14 $1.6925 0 None
None

None

August 13 $1.6925 2 1 truckload @ $1.7200(O)
1 truckload @ $1.6925(O)
None

None

August 12 $1.7300 4 1 truckload @ $1.7400(O)
1 truckload @ $1.7425(O)
2 truckloads @ $1.7350(O)
None 1 truckload @ $1.7300
August 11 $1.7450 3 2 truckloads @ $1.7500(O)
1 truckload @ $1.7350(O)
1 truckload @ $1.7450 1 truckload @ $1.7500
August 10 $1.7400 1 1 truckload @ $1.7400(O)
None None
August 3 - 7 AVG: $1.7365 8      
August 7 $1.7500 1 1 truckload @ $1.7500(B)
2 truckloads @ $1.7200 None
August 6 $1.7625 3 1 truckload @ $1.7600(B)
1 truckload @ $1.7400(B)
1 truckload @ $1.7225(O)
1 truckload @ $1.7625 None
August 5 $1.7125 1 1 truckload @ $1.7100(B) 1 truckload @ $1.7125 None
August 4 $1.7200 2 1 truckload @ $1.7275(B)
1 truckload @ $1.7200(B)
1 truckload @ $1.7200 1 truckload @ $1.7475
August 3 $1.7375 1 1 Bid @ $1.7375 1 truckload @ $1.7375 None
July 27 - 31 AVG: $1.6975 1      

 

 

Barrels


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

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
September 1 $1.6700 3 3 truckloads @ $1.6700(O) None

2 truckloads @ $1.6900

August 31 $1.6100 0 None 1 truckload @ $1.6100

1 truckload @ $1.6600

Aug 24 - 28 AVG: $1.6100 38      
August 28 $1.6000 0 None 1 truckload @ $1.6000

1 truckload @ $1.6800

August 27 $1.6000 8

1 truckload @ $1.6200(B)

None 1 truckload @ $1.6000
August 26 $1.6000 8

2 truckloads @ $1.6200(B)
1 truckload @ $1.6100(B)

5 truckloads @ $1.6000(B)

None 1 truckload @ $1.6800
August 25 $1.6200 16 1 truckload @ $1.6200(O)
1 truckload @ $1.6150(O)
1 truckload @ $1.6125(B)
2 truckloads @ $1.6075(B)
9 truckloads @ $1.6000(B)
2 truckloads @ $1.6000(O)
None None
August 24 $1.6300 6 1 truckload @ $1.6800(O)
1 truckload @ $1.6650(O)
1 truckload @ $1.6550(O)
1 truckload @ $1.6400(O)
1 truckload @ $1.6350(O)
1 truckload @ $1.6300(O)
None 1 truckload @ $1.6400
Aug 17 - 24 AVG: $1.6735 16      
August 21 $1.6950 1 1 truckload @ $1.6950(B) None 1 truckload @ $1.7050
August 20 $1.6950 5 1 truckload @ $1.6900(B)
2 truckloads @ $1.6925(B)
2 truckloads @ $1.6950(B)
1 truckload @ $1.6900 None
August 19 $1.6600 0 None None None
August 18 $1.6600 5 1 truckload @ $1.6675(O)
1 truckload @ $1.6650(O)
1 truckload @ $1.6625(O)
1 truckload @ $1.6600(O)
1 truckload @ $1.6600(B)
1 truckload @ $1.6600 1 truckload @ $1.6700
August 17 $1.6575 5 1 truckload @ $1.6750(O)
1 truckload @ $1.6725(O)
1 truckload @ $1.6700(O)
1 truckload @ $1.6650(O)
1 truckload @ $1.6575(O)
None 1 truckload @ $1.6700
Aug 10 - 14 AVG: $1.7025 4      
August 14 $1.6975 0 None None 1 truckload @ $1.6975
August 13 $1.6975 0 None None None
August 12 $1.6975 0 None None 1 truckload @ $1.6975
August 11 $1.7025 4 1 truckload @ $1.7425(B)
1 truckload @ $1.7000(O)
1 truckload @ $1.7050(O)
1 truckload @ $1.7025(O)
1 truckload @ $1.6800 1 truckload @ $1.7100
August 10 $1.7175 0 None None None
August 3 - 7 AVG: $1.7015 20      
August 7 $1.7175 4 1 truckload @ $1.7325(O)
1 truckload @ $1.7300(O)
1 truckload @ $1.7200(O)
1 truckload @ $1.7175(O)
None 1 truckload @ $1.7200
August 6 $1.7325 0 None 1 truckload @ $1.7325 None
August 5 $1.6750 5 1 truckload @ $1.6900(O)
1 truckload @ $1.6875(O)
1 truckload @ $1.6850(B)
1 truckload @ $1.6850(O)
1 truckload @ $1.6750(O)
None 1 truckload @ $1.6825
August 4 $1.6925 6 1 truckload @ $1.6975(B)
2 truckloads @ $1.6950(O)
1 truckload @ $1.6925(O)
1 truckload @ $1.6875(O)
1 truckload @ $1.6850(O)
None 1 truckload @ $1.7000
August 3 $1.6900 5 1 truckload @ $1.7000(B)
1 truckload @ $1.6975(O)
1 truckload @ $1.6950(O)
1 truckload @ $1.6925(O)
1 truckload @ $1.6900(O)
None 1 truckload @ $1.7000
July 27 - 31 AVG: $1.6755 7      

(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