Cheese Market: CME Cheese Block and Barrel Trading Details

May

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
May 3 $1.3400 3 2 truckloads @ $1.3400(O)
1 truckload @ $1.3375(O)
None 1 truckload @ $1.3425
May 2 $1.3600 0 None None 2 truckloads @ $1.3600
April 25 - 29 AVG: $1.3800 39      
April 29 $1.3700 2 1 truckload @ $1.3650(O)
1 truckload @ $1.3700(O)
1 truckload $1.3500 1 truckload @ $1.3725
April 28 $1.3675 2 1 truckload @ $1.3650(O)
1 truckload @ $1.3675(O)
1 truckload $1.3650 1 truckload @ $1.3750
April 27 $1.3625 21 9 truckloads @ $1.3800(O)
2 truckloads @ $1.3750(O)
1 truckload @ $1.3725(O)
1 truckload @ $1.3700(B)
4 truckloads @ $1.3650(O)
4 truckloads @ $1.3625(O)
2 truckloads $1.3600 1 truckload @ $1.3625
April 26 $1.3800 12 2 truckloads @ $1.4200(O)
1 truckload @ $1.4025(O)
3 truckloads @ $1.4000(O)
2 truckloads @ $1.3900(B)
2 truckloads @ $1.3900(O)
2 truckloads @ $1.3800(B)
2 truckloads $1.3700 None
April 25 $1.4200 2 2 truckloads @ $1.4200(O) None 1 truckload @ $1.4200
April 18 - 22 AVG: $1.4280 4      
April 22 $1.4225 0 None None 2 truckloads @ $1.4225
April 21 $1.4225 3 1 truckload @ $1.4425(B)
1 truckload @ $1.4400(O)
1 truckload @ $1.4250(O)
None 3 truckloads @ $1.4225
April 20 $1.4400 1 1 truckload @ $1.4400(B) None None
April 19 $1.4275 0 None None None
April 18 $1.4275 0 None None None
April 11 - 15 AVG: $1.4250 4      
April 15 $1.4275 0 None 1 truckload @ $1.4275 None
April 14 $1.4275 0 None None None
April 13 $1.4275 0 None 1 truckload @ $1.4275 None
April 12 $1.4250 2 1 truckload @ $1.4175(B)
1 truckload @ $1.4250(O)
1 truckload @ $1.4250 None
April 11 $1.4175 2 1 truckload @ $1.4200(O)
1 truckload @ $1.4175(O)
1 truckload @ $1.4175 1 truckload @ $1.4300
April 4 - 8 AVG: $1.4345 1      
April 8 $1.4200 0 None None None
April 7 $1.4200 0 None None 1 truckload @ $1.4200
April 6 $1.4325 0 None None 1 truckload @ $1.4325
April 5 $1.4500 0 None None None
April 4 $1.4500 1 1 truckload @ $1.4500(O) None 1 truckload @ $1.4600
March 28 - Apri1 1 AVG: $1.4680 7      
April 1 $1.4700 2 1 truckload @ $1.4700(O)
1 truckload @ $1.4600(O)
1 truckload @ $1.4600 None
March 31 $1.4600 0 None None None
March 30 $1.4600 2 1 truckload @ $1.4700(B)
1 truckload @ $1.4600(O)
None None
March 29 $1.4700 0 None None 2 truckloads @ $1.4700
March 28 $1.4800 3 2 truckloads @ $1.4900(B)
1 truckload @ $1.4800(O)
None None

 

 

Barrels


2016 Barrel Trading

2015 Barrel Trading2014 Barrel Trading2013 Barrel Trading2012 Barrel Trading2011 Barrel Trading

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
May 3 $1.3700 3 1 truckload @ $1.3800(O)
1 truckload @ $1.3750(O)
1 truckload @ $1.3700(O)
None 1 truckload @ $1.3750
May 2 $1.4000 5 2 truckloads @ $1.4125(O)
1 truckload @ $1.4100(O)
1 truckload @ $1.4050(O)
1 truckload @ $1.4000(O)
None 1 truckload @ $1.4125
April 25 - 29 AVG: $1.4025 13      
April 29 $1.4125 6 5 truckloads @ $1.4150(B)
1 truckload @ $1.4150(O)
None 1 truckload @ $1.4125
April 28 $1.4150 1 1 trucklaod @ $1.4150(B) None 1 truckload @ $1.4150
April 27 $1.3800 3 3 trucklaods @ $1.3800(O) None None
April 26 $1.3800 3 3 trucklaods @ $1.4250(O) None 1 truckload @ $1.3800
April 25 $1.4250 0 None None 1 truckload @ $1.4250
April 18 - 22 AVG: $1.4280 15      
April 22 $1.4250 0 None None 1 truckload @ $1.4250
April 21 $1.4250 11 2 truckloads @ $1.4500(B)
5 truckloads @ $1.4500(O)
2 truckloads @ $1.4450(O
2 truckloads @ $1.4400(O )
None 1 truckload @ $1.4250
April 20 $1.4500 4 3 truckloads @ $1.4500(B)
1 truckload @ $1.4400(B)
1 truckload @ $1.4500 1 truckload @ $1.4700
April 19 $1.4200 0 None None None
April 18 $1.4200 0 None 1 truckload @ $1.4200 None
April 11 - 15 AVG: $1.4220 17      
April 15 $1.4100 4 1 truckload @ $1.4225(O)
1 truckload @ $1.4200(O)
2 truckloads @ $1.4150(O)
None 1 truckload @ $1.4100
April 14 $1.4225 0 None None 1 truckload @ $1.4225
April 13 $1.4275 12 2 truckloads @ $1.4350(O)
2 truckloads @ $1.4325(O)
1 truckload @ $1.4300(O)
1 truckload @ $1.4275(B)
4 truckloads @ $1.4250(B)
2 truckloads @ $1.4250(O)
1 truckload @ $1.4275 1 truckload @ $1.4350
April 12 $1.4350 0 None 1 truckload @ $1.4350 None
April 11 $1.4150 1 1 truckload @ $1.4150(O) None 1 truckload @ $1.4275
Apri1 4 - 8 AVG: $1.4335 5      
April 8 $1.4175 0 None 1 truckload @ $1.4175 None
April 7 $1.4175 2 1 truckload @ $1.4200(O)
1 truckload @ $1.4175(O)
None 1 truckload @ $1.4250
April 6 $1.4425 0 None None None
April 5 $1.4425 2 1 truckload @ $1.4450(O)
1 truckload @ $1.4425(O)
None 1 truckload @ $1.4550
April 4 $1.4475 1 1 truckload @ $1.4500(O) None 1 truckload @ $1.4475
March 28 - Apri1 1 AVG: $1.4490 11      
April 1 $1.4550 8 8 truckloads @ $1.4550(B)
1 truckload @ $1.4525 None
March 31 $1.4525 0 None None None
March 30 $1.4525 1 1 truckload @ $1.4525(B) None None
March 29 $1.4425 0 None 1 truckload @ $1.4425 None
March 28 $1.4425 2 1 truckload @ $1.4700(B)
1 truckload @ $1.4450(O)
1 truckload @ $1.4400 1 truckload @ $1.4425

(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