Butter Market: 2017 CME Grade A Butter Trading Details

2017 CME Grade A Butter Trading Details 2016 CME Grade A Butter Trading Details

December 2017

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
Dec 11 - 15 $2.2230 A 46      
December 15 $2.2450 0

None

4 truckloads @ $2.2350
2 truckloads @ $2.2150
1 truckload @ $2.2125
2 truckloads @ $2.2100
1 truckload @ $2.2025

2 truckloads @ $2.3000
2 truckload @ $2.2800
1 truckload @ $2.2450

December 14 $2.2600 13

5 truckloads @ $2.2600 (O)
1 truckload @ $2.2575 (B)
1 truckload @ $2.2575 (O)
2 truckloads @ $2.2550 (O)
1 truckload @ $2.2500 (B)
1 truckload @ $2.2500 (O)
2 truckloads @ $2.2400 (B)

4 truckloads @ $2.2575
4 truckloads @ $2.2300
5 truckloads @ $2.2225
2 truckloads @ $2.2175
1 truckload @ $2.2150
1 truckload @ $2.2125
1 truckload @ $2.2100
1 truckload @ $2.2075
1 truckload @ $2.2050

1 truckload @ $2.2750
2 truckloads @ $2.2650
1 truckload @ $2.2625

December 13 $2.2125 3

1 truckload @ $2.2125 (B)
2 truckloads @ $2.2100 (B)

2 truckloads @ $2.2125
2 truckloads @ $2.2100
1 truckload @ $2.2000
1 truckload @ $2.1975
1 truckload @ $2.1875

1 truckload @ $2.3000
1 truckload @ $2.2200

December 12 $2.2075 21

1 truckload @ $2.2200 (O)
1 truckload @ $2.2175 (O)
6 truckloads @ $2.2100 (B)
6 truckloads @ $2.2100 (O)
3 truckloads @ $2.2075 (B)
1 truckload @ $2.2075 (O)
1 truckload @ $2.2050 (B)
1 truckload @ $2.2050 (O)
1 truckload @ $2.1925 (B)

1 truckload @ $2.2075
2 truckload @ $2.2050
1 truckload @ $2.2000
2 truckloads @ $2.1975
1 truckload @ $2.1950
1 truckload @ $2.1900
1 truckload @ $2.1800
1 truckload @ $2.1700
1 truckload @ $2.1675
1 truckload @ $2.1600
1 truckload @ $2.1500

2 truckloads @ $2.2300
1 truckload @ $2.2250
1 truckload @ $2.2175
1 truckload @ $2.2150

December 11 $2.1900 9

2 truckloads @ $2.2000 (B)
1 truckload @ $2.1900 (B)

1 truckload @ $2.1900
1 truckload @ $2.1825
1 truckload @ $2.1800
1 truckload @ $2.1700
1 truckload @ $2.1000

6 truckloads @ $2.3000
1 truckload @ $2.2300
2 truckloads @ $2.2200
1 truckload @ $2.2100

Dec 4 - 8 $2.2145 A 60      
December 8 $2.2200 9

1 truckload @ $2.2375 (B)
1 truckload @ $2.2300 (B)
2 truckloads @ $2.2275 (B)
2 truckloads @ $2.2250 (B)
3 truckloads @ $2.2200 (B)

3 truckloads @ $2.2175
2 truckloads @ $2.2000
1 truckload @ $2.1900

3 truckloads @ $2.2800
1 truckload @ $2.2500
1 truckload @ $2.2325

December 7 $2.2375 18

3 truckloads @ $2.2500 (O)
1 truckload @ $2.2475 (O)
2 truckloads @ $2.2425 (O)
3 truckloads @ $2.2400 (B)
1 truckload @ $2.2400 (O)
2 truckloads @ $2.2375 (O)
2 truckloads @ $2.2325 (B)
1 truckload @ $2.2325 (O)
3 truckloads @ $2.2250 (B)

5 truckloads @ $2.2325
1 truckload @ $2.2225
1 truckload @ $2.2200
1 truckload @ $2.1800
1 truckload @ $2.1600

2 truckloads @ $2.2800
1 truckload @ $2.2600
1 truckload @ $2.2400

December 6 $2.2250 20

2 truckloads @ $2.2250 (B)
8 truckloads @ $2.2225 (B)
3 truckloads @ $2.2200 (B)
1 truckload @ $2.2175 (B)
1 truckload @ $2.2150 (B)
2 truckloads @ $2.2000 (B)

2 truckloads @ $2.2200
1 truckload @ $2.2000

5 truckloads @ $2.2700
1 truckload @ $2.2650
2 truckloads @ $2.2250
4 truckloads @ $2.2225
1 truckload @ $2.2200

December 5 $2.2000 5

2 truckloads @ $2.2000 (O)
1 truckload @ $2.1925 (B)
2 truckloads @ $2.1900 (O)

1 truckload @ $2.2000
2 truckloads @ $2.1925
1 truckload @ $2.1900
1 truckload @ $2.1750
1 truckload @ $2.1700
1 truckload @ $2.1600

1 truckload @ $2.3000

December 4 $2.1900 8

1 truckload @ $2.2000 (O)
3 truckloads @ $2.1900 (B)
1 truckload @ $2.1900 (O)
2 truckloads @ $2.1875 (O)
1 truckload @ $2.1850 (O)

1 truckload @ $2.1900
1 truckload @ $2.1875
2 truckloads @ $2.1850
1 truckload @ $2.1825
1 truckload @ $2.1750
1 truckload @ $2.1700
1 truckload @ $2.1500
1 truckload @ $2.1000

10 truckloads @ $2.2800
1 truckload @ $2.2300
1 truckload @ $2.2200
1 truckload @ $2.2000

Nov.27 - Dec 1 $2.2050 A 15      
December 1 $2.2150 2

1 truckload @ $2.2150 (B)
1 truckload @ $2.2100 (O)

1 truckload @ $2.2000
1 truckload @ $2.1900
1 truckload @ $2.1800
1 truckload @ $2.1700
1 truckload @ $2.1600

2 truckloads @ $2.3000

November 30 $2.2125 6

1 truckload @ $2.2125 (B)
1 truckload @ $2.2125 (O)
1 truckload @ $2.2100 (O)
1 truckload @ $2.2075 (O)
1 truckload @ $2.2050 (B)
1 truckload @ $2.2000 (O)

1 truckload @ $2.2125
1 truckload @ $2.2075
1 truckload @ $2.1950
1 truckload @ $2.1850
1 truckload @ $2.1500

5 truckloads @ $2.2800
1 truckload @ @2.2275

November 29 $2.2050 0

None

1 truckload @ $2.2050
1 truckload @ $2.2000
1 truckload @ $2.1975
1 truckload @ $2.1850
1 truckload @ $2.1750
1 truckload @$2.1675

5 truckloads @ $2.3000
1 truckload @ @2.2400

November 28 $2.1850 5

1 truckload @ $2.1900 (B)
2 truckloads @ $2.1850 (O)
1 truckload @ $2.1800 (O)
1 truckload @ $2.1775 (O)

1 truckload @ $2.1800
1 truckload @ $2.1500

1 truckload @ $2.1950

November 27 $2.2075 2

1 truckload @ $2.2075 (O)
1 truckload @ $2.2000 (O)

1 truckload @ $2.2025
1 truckload @ $2.1900
1 truckload @ $2.1600

10 truckloads @ $2.3000

 

Butter Price news

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

Definitions:

1 truckload = A carload of butter may vary in weight between 40,000 and 43,000 pounds
of Grade AA Butter

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