Weekly credit volume continued higher moving into June. Volume of 261,269 was 96 percent over the prior week but 28 percent below the average weekly credit volume during 2020. During June, credit volume has averaged 197 thousand per week, this is up from 109 thousand per week in May. The average price paid per credit decreased $0.32 to $204.64. There were 29 transactions, 17 were type 1 transfers of 88,519 credits and 12 were type 2 transfers of 172,750 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 somewhat clearer indication of where the market is trading since Type 2 transactions do not provide a date the agreement was entered into. The weighted average price for type 1 trades was $208.18, which was $3.54 over the average price of all…
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...