Weekly credit volume increased during in the first week of July. Despite the Holiday shortened week, volume reached a nine-week high of 482,322 credits transferred and was 38 percent over the yearly weekly average of 355,214. Credit volume for the week was 86 percent over last week’s total and 51 percent above last year’s volume during the first week of July. The average price paid per credit increased $0.44 to $199.23. There were 47 transactions, 29 percent were type 1 transfers of 140,399 credits and 73 percent were type 2 transfers of 341,923 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…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...