Butter Market: 2017 CME Grade A Butter Trading Details

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

October 2017

Date Closing Price Volume Trading Unfilled Bids Uncovered Offers
October 17 $2.4000 2

2 truckloads @ $2.4000 (O)

1 truckload @ $2.3975
1 truckload @ $2.3825
1 truckload @ $2.3750

1 truckload @ $2.4000

October 16 $2.3750 0

None

1 truckload @ $2.3550

1 truckload @ $2.4300
1 truckload @ $2.4275

Oct - 9 - 13

$2.3395AVG

38      
October 13 $2.3750 12

5 truckloads@ $2.3750 (B)
3 truckloads @ $2.3750 (O)
3 truckloads @ $2.3725 (B)
1 truckload @ $2.3700 (B)

2 truckloads @ $2.3750
3 truckloads @ $2.3725
1 truckload @ $2.3675
1 truckload @ $2.3600

2 truckloads @ $2.4000
1 truckload @ $2.3875
1 truckload @ $2.3850

October 12 $2.3325 8

1 truckload @ $2.3325(O)
6 truckloads @ $2.3300 (O) 1 truckload @ $2.3275 (O)


1 truckload @ $2.3300
5 truckloads @ $2.3275
1 truckload @ $2.3250

1 truckload @ $2.3500
1 truckload @ $2.3450
2 truckloads @ $2.3400
1 truckload @ $2.3375
1 truckload @ $2.3350

October 11 $2.3450 12

1 truckload @ $2.3525(O)
3 truckloads @ $2.3500 (O) 1 truckload @ $2.3475 (O)
3 truckloads @ $2.3450 (O)
1 truckload @ $2.3450 (B)
1 truckload @ $2.3425 (O)
1 truckloads @ $2.3425 (B)
1 truckload @ $2.3400 (O)

1 truckload @ $2.3450
1 truckload @ $2.3425
1 truckload @ $2.3400
1 truckload @ $2.3300
1 truckload @ $2.3275
2 truckloads @ $2.3175
1 truckload @ $2.2000

1 truckload @ $2.3600
1 truckload @ $2.3525
1 truckload @ $2.3475

October 10 $2.3250 4

1 truckload @ $2.3250 (O)
1 truckload @ $2.3150 (O)
1 truckload @ $2.3100 (B)
1 truckload @ $2.3100 (O)

1 truckload @ $2.3225
1 truckload @ $2.3100

1 truckload @ $2.3300

October 9 $2.3200 2

2 truckloads@ $2.3250 (O)

1 truckload @ $2.2800

1 truckload @ $2.3500
1 truckload @ $2.3450
1 truckload @ $2.3400
1 truckload @ $2.3200

Oct - 2 - 6

$2.3390AVG

43      
October 6 $2.3400 7

2 truckloads@ $2.3775 (B)
1 truckload @ $2.3750 (B)
1 truckload @ $2.3700 (B)
1 truckload @ $2.3600 (B)
1 truckload @ $2.3500 (B)
1 truckload @ $2.3400 (B)

1 truckload @ $2.3350
2 truckloads @ $2.3300

1 truckload @ $2.3850
2 truckloads @ $2.3775
1 truckload @ $2.3700
1 truckload @ $2.3475

October 5 $2.3750 4

2 truckloads @ $2.3750 (O)

1 truckload @ $2.3600

1 truckload @ $2.4000
2 truckloads @ $2.3800
1 truckload @ $2.3750

October 4 $2.3550 10

1 truckload @ $2.3550 (O)
2 truckloads @ $2.3500 (O)
1 truckload @ $2.3475 (O)
1 truckload @ $2.3450 (O)
1 truckload @ $2.3425 (B)
2 truckloads @ $2.3400 (O)
2 truckloads @ $2.3300 (O)

1 truckload @ $2.3200
1 truckload @ $2.2900
1 truckload @ $2.2800

1 truckload @ $2.3650
1 truckload @ $2.3625
2 truckloads @ $2.3600

October 3 $2.3300 22

3 truckloads @ $2.3400(O)
2 truckloads @ $2.3350 (O) 1 truckload @ $2.3375 (O)
1 truckload @ $2.3325 (O)
2 truckloads @ $2.3300 (O)
3 truckloads @ $2.3275 (O)
2 truckloads @ $2.3250 (O)
1 truckload @ $2.3225 (O)
2 truckloads @ $2.3200 (O)
1 truckload @ $2.3075 (O)
1 truckload @ $2.3100 (O)
1 truckload @ $2.3000 (O)

5 truckloads @ $2.2975
1 truckload @ $2.2925
1 truckload @ $2.2700

2 truckloads @ $2.3500
1 truckload @ $2.3300

October 2 $2.2950 0

None

1 truckload @ $2.2000
2 truckloads @ $2.1000

1 truckload @ $2.3075
2 truckloads @ $2.3025
1 truckload @ $2.2950

Sept 25 - 29

$2.3920AVG

31      

 

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