Butter Market: 2018 CME Grade A Butter Trading Details

2018 CME Grade A Butter Trading Details • 2017 CME Grade A Butter Trading Details • 2016 CME Grade A Butter Trading Details

June 2018

Date	Closing Price	Volume	Trading	Unfilled Bids	Uncovered Offers
June 19	$2.3100	6	2 truckloads @ $2.3200 (O) 1 truckload @ $2.3150 (B) 2 truckloads @ $2.3100 (O) 1 truckload @ $2.3075(O)	truckload @ $2.3000 1 truckload @ $2.2525	2 truckloads @ $2.3500 1 truckload @ $2.3400 1 truckload @ $2.3300 1 truckload @ $2.3100
June 18	$2.3225	0	None	1 truckload @ $2.3100	2 truckloads @ $2.3600 1 truckload @ $2.3250 1 truckload @ $2.3225
June 11 - 15	$2.38640 A	13
June 15	$2.3525	7	1 truckload @ $2.3525 (B) 2 truckloads @ $2.3500 (B) 1 truckload @ $2.3450 (B) 1 truckload @ $2.3425(B) 2 truckloads @ $2.3400 (O)	1 truckload @ $2.3500 1 truckload @ $2.3475 1 truckload @ $2.3450 1 truckload @ $2.3325	1 truckload @ $2.3650 3 truckloads @ $2.3600
June 14	$2.3500	2	1 truckload @ $2.3500 (O) 1 truckload @ $2.3450 (O)	1 truckload @ $2.3500	2 truckloads @ $2.3550
June 13	$2.3575	0	None	1 truckload @ $2.3425 1 truckload @ $2.3400 1 truckload @ $2.3350 1 truckload @ $2.3200 2 truckloads @ $2.3000	1 truckload @ $2.3800 2 truckloads @ $2.3675 1 truckload @ $2.3600 1 truckload @ $2.3575
June 12	$2.3700	4	2 truckloads @ $2.3750 (B) 1 truckload @ $2.3725 (O) 1 truckload @ $2.3700 (O)	1 truckload @ $2.3600	2 truckloads @ $2.3850 1 truckload @ $2.3750
June 11	$2.3900	0	None	None	1 truckload @ $2.4500
June 4 - 8	$2.3800 A	19
June 8	$2.3900	6	6 truckloads @ $2.3900 (O)	1 truckload @ $2.3725	1 truckload @ $2.4050 2 truckloads @ $2.3925
June 7	$2.3900	3	2 truckloads @ $2.3900 (O) 1 truckload @ $2.3800 (O)	1 truckload @ $2.3875 1 truckload @ $2.3850 2 truckloads @ $2.3800 1 truckload @ $2.3775 1 truckload @ $2.3625 2 truckloads @ $2.3575	1 truckload @ $2.4000 1 truckload @ $2.3950
June 6	$2.3800	4	1 truckload @ $2.3700 (O) 2 truckloads @ $2.3725 (O) 1 truckload @ $2.3800 (O)	1 truckload @ $2.3325 1 truckload @ $2.3425 1 truckload @ $2.3525 1 truckload @ $2.3575 1 truckload @ $2.3800	1 truckload @ $2.3850 2 truckloads @ $2.4500
June 5	$2.3625	6	3 truckloads @ $2.3625 (O) 3 truckloads @ $2.3600 (O)	1 truckload @ $2.3600 2 truckloads @ $2.3550 1 truckload @ $2.3525 1 truckload @ $2.3500	1 truckload @ $2.4000 2 truckloads @ $2.3700 1 truckload @ $2.3650
June 4	$2.3775	0	None	1 truckload @ $2.3400 1 truckload @ $2.3300 1 truckload @ $2.3225 1 truckload @ $2.3200	1 truckload @ $2.3800 1 truckload @ $2.3775
May 28 - Jun 1	$2.4025 A	65
June 1	$2.3775	32	13 truckloads @ $2.3800 (O) 2 truckloads @ $2.3775 (B) 9 truckloads @ $2.3775 (O) 3 truckloads @ $2.3750 (B) 1 truckload @ $2.3700 (B) 4 truckloads @ $2.3775 (B)	3 truckloads @ $2.3750 3 truckloads @ $2.3700 10 truckloads @ $2.3600 1 truckload @ $2.3000	4 truckloads @ $2.3800
May 31	$2.3900	14	1 truckload @ $2.4150 (B) 2 truckloads @ $2.4125 (B) 1 truckload @ $2.4100 (B) 2 truckloads @ $2.4075 (B) 1 truckload @ $2.4050 (B) 3 truckloads @ $2.4025 (B) 2 truckloads @ $2.4000 (B) 2 truckloads @ $2.3900 (B)	1 truckload @ $2.3850 1 truckload @ $2.3825 1 truckload @ $2.3800	1 truckload @ $2.4500 1 truckload @ $2.4350 2 truckloads @ $2.4000
May 30	$2.4250	14	7 truckloads @ $2.4250 (O) 2 truckloads @ $2.4225 (O) 2 truckloads @ $2.4200 (B) 1 truckload @ $2.4200 (O) 1 truckload @ $2.4175 (O) 1 truckload @ $2.4150 (O)	1 truckload @ $2.4225 1 truckload @ $2.4200 1 truckload @ $2.4125 1 truckload @ $2.4075 1 truckload @ $2.4000 1 truckload @ $2.3900 5 truckloads @ $2.3700	2 truckloads @ $2.4950 1 truckload @ $2.4450 1 truckload @ $2.4350 1 truckload @ $2.4250
May 29	$2.4175	5	1 truckload @ $2.4200 (B) 2 truckloads @ $2.4200 (O) 1 truckload @ $2.4175 (B) 1 truckload @ $2.4175 (O)	1 truckload @ $2.4150 1 truckload @ $2.4125 3 truckloads @ $2.4100	2 truckloads @ $2.4275 1 truckload @ $2.4250 2 truckloads @ $2.4225
May 28	NO		TRADING

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