2019 Dry Whey Market - CME Trading Activity

2018 Dry Whey Prices - 2018 Monthly Dry Whey Averages

 

July 2019

Week of: Closing Price Volume Trading Unfilled Bids Uncovered Offers
July 15 $0.3200 1 1 truckload @ $0.3200 1 truckload @ $0.3150 1 truckload @ $0.3225
July 8 - 12 $0.3225 A 5      
July 12 $0.3225 0 None 1 truckload @ $0.3200
1 truckload @ $0.3150
None
July 11 $0.3225 1 1 truckload @ $0.3225 1 truckload @ $0.3200
1 truckload @ $0.3125
1 truckload @ $0.3250
July 10 $0.3225 2 1 truckload @ $0.3225
1 truckload @ $0.3200
2 truckloads @ $0.3225
1 truckload @ $0.3175
None
July 9 $0.3200 2 2 truckloads @ $0.3200 3 truckloads @ $0.3200
1 truckload @ $0.3175
1 truckload @ $0.3150
1 truckload @ $0.3225
July 8 $0.3250 0 None 1 truckload @ $0.3200
2 truckloads @ $0.3100
1 truckload @ $0.3250
July 1 - 5 $0.3288 A 1      
July 5 $0.3275 0 None None 1 truckload @ $0.3300
1 truckload @ $0.3275
July 4     No Trading    
July 3 $0.3275 0 None None 1 truckload @ $0.3275
July 2 $0.3300 0 None 1 truckload @ $0.3200 1 truckload @ $0.3300
July 1 $0.3300 1 1 truckload @ $0.3300 2 truckloads @ $0.3250 1 truckload @ $0.3325

 

(O) = Offer based sale (B) = Bid based sale

Definitions:

1 truckload = A truckload of dry whey may weight 44,000 pounds
The ad price is quoted in cents per pound

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 dry whey buyer to purchase dry whey at the price they specified.
Uncovered offer: Is the unsuccessful attempt by a dry whey seller to sell dry whey at the price they specified.

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