Weekly credit volume saw a small bounce higher during the second week of May. Volume improved to 169,013 credits transacted and was 140 percent over volume posted during the same period last year. Despite the increase, this week’s volume was well below the weekly average of 402,208. The average price paid per credit was $194.14, up $0.94 from last week. There were 24 transactions, 18 were type 1 transfers of 93,289 credits and six were type 2 transfers of 75,724 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. Type 1 transactions give a clearer picture of where the market is currently trading since Type 2 transactions do not give a date the agreement was entered into. The weighted average price for type 1 trades was $195.78 and the weighted average for all trades was $194.10. Second…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...