CME Nonfat Dry Milk Trading Details

October 2017

2017 CME Nonfat Dry Milk Trading Details

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
October 17 0.7450 1 1 truckload @ $0.7450 (O) 1 truckloads @ $0.7450
2 truckloads @ $0.7400
1 truckload @ $0.7350
1 truckload @ $0.7200

None

October 16 0.7600 7 2 truckloads @ $0.7675 (B)
1 truckload @ $0.7625 (B)
3 truckloads @ $0.7600 (B)
1 truckload @ $0.7575 (B)
2 truckloads @ $0.7600
2 truckloads @ $0.7575
1 truckload @ $0.7525
1 truckload @ $0.7500

None

Oct 9 - 13 $0.7890 23      
October 13 0.7725 9 3 truckloads @ $0.7725 (B)
2 truckloads @ $0.7725 (O)
4 truckloads @ $0.7700 (B)
1 truckload @ $0.7725
3 truckloads @ $0.7675

1 truckload @ $0.7900

October 12 0.7725 3 1 truckload @ $0.7725 (B)
1 truckload @ $0.7700 (O)
1 truckload @ $0.7675 (O)

1 truckload @ $0.7725
1 truckload @ $0.7650

1 truckload @ $0.7800

October 11 0.7725 7 2 truckloads @ $0.7850 (O)
2 truckloads @ $0.87825 (O)
1 truckload @ $0.7800 (B)
1 truckload @ $0.7775 (O)
1 truckload @ $0.7725 (B)
1 truckload @ $0.7600
1 truckload @ $0.7500
1 truckload @ $0.7000
10 truckloads @ $0.6900

1 truckload @ $0.8025
10 truckloads @ $0.8000

October 10 0.8050 3 1 truckload @ $0.8100 (B)
1 truckload @ $0.8075 (O)
1 truckload @ $0.8050 (O)
1 truckload @ $0.8025
1 truckload @ $0.7975

5 truckloads @ $0.8200
1 truckload @ $0.8150
5 truckloads @ $0.8100

October 9 0.8225 1 1 truckload @ $0.8225 (O) 1 truckload @ $0.8150
1 truckload @ $0.8100

None

Oct 2 - 6 $0.8270 33      
October 6 0.8250 9 1 truckload @ $0.8325 (O)
1 truckload @ $0.8300 (B)
1 truckload @ $0.8300 (O)
1 truckload @ $0.8275 (B)
2 truckloads @ $0.82750 (O)
1 truckload @ $0.8250 (B)
2 truckloads @ $0.8250 (O)
2 truckloads @ $0.8200
2 truckloads @ $0.8175
1 truckload @ $0.8050
1 truckload @ $0.8000

1 truckload @ $0.8350
2 truckloads @ $0.8325

October 5 0.8350 2 1 truckload @ $0.8350 (B)
1 truckload @ $0.8325(O)
1 truckload @ $0.8325
1 truckload @ $0.8300
2 truckloads @ $0.8200
1 truckload @ $0.8100
1 truckload @ $0.8000

5 truckloads @ $0.8800
3 truckloads @ $0.8500
6 truckloads @ $0.8450
1 truckload @ $0.8425
1 truckload @ $0.8375

October 4 0.8275 11 2 truckloads @ $0.8300 (O)
2 truckloads @ $0.8275 (B)
2 truckloads @ $0.8275 (O)
1 truckload @ $0.8250 (B)
1 truckload @ $0.8250 (O)
1 truckload @ $0.8225 (B)
2 truckloads @ $0.8200 (B)
1 truckload @ $0.8250
1 truckload @ $0.8200
1 truckload @ $0.8175

1 truckload @ $0.8300

October 3 0.8250 0 None 1 truckload @ $0.8250
1 truckload @ $0.8175
2 truckloads @ $0.8125
1 truckload @ $0.8100
1 truckload @ $0.7700

1 truckload @ $0.8375
2 truckloads @ $0.8350
1 truckload @ $0.8300

October 2 0.8225 11 2 truckloads @ $0.8350 (B)
1 truckload @ $0.8350 (O)
3 truckload @ $0.8325 (O)
2 truckloads @ $0.8300 (B)
1 truckload @ $0.8300 (O)
1 truckload @ $0.8275 (O)
1 truckload @ $0.8225 (B)
1 truckload @ $0.8225
1 truckload @ $0.8200

1 truckload @ $0.8450
1 truckload @ $0.8325
2 truckloads @ $0.8300

Sept 25 - 29 $0.8320 8      

 

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

Definitions:

1 truckload = A truckload of nonfat dry milk 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 nonfat dry milk buyer to purchase nonfat dry milk at the price they specified.
Uncovered offer: Is the unsuccessful attempt by a nonfat dry milk seller to sell nonfat dry milk 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