Weekly credit volume slowed during the third week of April. Credit volume of 346,968 was 44 percent below last week’s total but 298,250 credits over the same period in Q2 2019. The average price paid per credit increased $0.92 to $200.66 as credit values continued to stabilize. There were 49 transactions, seven less than last week. There were 18 type 1 transfers for 51,468 credits and 31 type 2 for 295,500 credits. Type 1 transactions are trades executed within 10 days of a transfer agreement. Type 2 transactions are executed beyond 10 days of a transfer agreement. The weighted average price for type 1 trades was $191.22 and the weighted average for all trades was $200.66. Average 2020 weekly credit volume decreased to 373,419 contracts per week. Second quarter volume is 64 percent over first quarter volume and 467 percent over Q2 of 2019.
Trading was heaviest on Tuesday with 36 percent of…
01.08.2025
Tallow trades persist amid tight markets; DCO, ethanol production down slightly
Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.
Another four railcars of packer-grade bleachable fancy tallow (BFT)...
01.08.2025
US ruminant meat and bonemeal prices fall further in most regions
Meat and bonemeal spot prices in the US dropped further on Wednesday January 8. A sizable number of distressed loads of both porcine and ruminant meat and bonemeal were...
01.08.2025
US weekly ethanol production drops; stocks reach 7-month high
US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...