Cheese Market: CME Cheese Block and Barrel Trading Details

January

 

2014 Block Trading2013 Block TradingSee 2012 Block Trading2011 Block Trading

 

Blocks

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
January 26 $1.4800 0 None 2 truckloads @ $1.4700 None
Jan. 19 - 23 AVG: $1.4750 3
January 23 $1.4800 0 None 1 truckloads @ $1.4800 None
January 22 $1.4700 3 3 truckloads @ $1.4700 3 truckloads @ $1.4700 None
January 21 $1.4750 0 None None None
January 20 $1.4750 0 None 1 truckload @ $1.4750 None
January 19     No Trading None
Jan. 12 - 16 AVG: $1.5180 6
January 16 $1.4700 0 None None None
January 15 $1.4700 2 2 truckloads @ $1.4700(B) 2 truckloads @ $1.4700 None
January 14 $1.4700 4 2 truckloads @ $1.4700(B)
2 truckloads @ $1.4700(O)
2 truckloads @ $1.4700 None
January 13 $1.5900 0 None None None
January 12 $1.5900 0 None None None
Jan 5-9 AVG: $1.5760 0
January 9 $1.5900 0 None 2 truckloads @ $1.5900 None
January 8 $1.5800 0 None 1 truckload @ $1.5800 None
January 7 $1.5700 0 None None None
January 6 $1.5700 0 None None None
January 5 $1.5700 0 None None None
Dec 29 - Jan 2 AVG: $1.53438 0
January 2 $1.5700 0 None 2 truckloads @ $1.5700 None
January 1     No Trading None

 

 

Barrels


2014 Barrel Trading2013 Barrel Trading2012 Barrel Trading2011 Barrel Trading

 

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
January 26 $1.4500 2 1 truckload @ $1.4525(B)
1 truckload @ $1.4500(B)
1 truckload @ $1.4450 None
Jan. 19 - 23 AVG: $1.4475 11
January 23 $1.4450 2 1 truckload @ $1.4475(O)
1 truckload @ $1.4450(O)
2 truckloads @ $1.4300 1 truckload @ $1.4600
January 22 $1.4500 1 1 truckload @ $1.4575(B)
2 truckloads @ $1.4400 1 truckload @ $1.4500
January 21 $1.4500 3 1 truckload @ $1.4600(B)
1 truckload @ $1.4500(O)
1 truckload @ $1.4400(O)
2 truckloads @ $1.4300 1 truckload @ $1.4500
January 20 $1.4450 5 1 truckload @ $1.4450(O)
4 truckloads @ $1.4400(B)
1 truckload @ $1.4450 1 truckload @ $1.4500
January 19     No Trading None
Jan. 12 - 16 AVG: $1.5085 13
January 16 $1.4500 6 1 truckload @ $1.4600(O)
2 truckloads @ $1.4575(O)
1 truckload @ $1.4550(O)
1 truckload @ $1.4525(O)
1 truckload @ $1.4500(B)
1 truckload @ $1.4450 1 truckload @ $1.4700
January 15 $1.4600 0 None 1 truckloads @ $1.4600 None
January 14 $1.4425 4 1 truckload @ $1.4500(O)
1 truckload @ $1.4475(O)
1 truckload @ $1.4450(O)
1 truckload @ $1.4425(O)
None 1 truckload @ $1.4500
January 13 $1.5950 0 None None None
January 12 $1.5950 3 2 truckloads @ $1.5950(B)
1 truckload @ $1.5850(B)
None None
Jan 5-9 AVG: $1.5430 1
January 9 $1.5450 0 None None None
January 8 $1.5450 0 None None None
January 7 $1.5450 1 1 truckload @ $1.5450 None None
January 6 $1.5400 0 None None None
January 5 $1.5400 0 None None None
Dec 29 - Jan 2 AVG: $1.47938 0
January 2 $1.5400 0 None 1 truckload @ $1.5400 None
January 1     No Trading 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