Weekly credit volume of 347,396 was 188,658 credits over the volume last week but four percent below the 2020 average of 361,306. Volume increased 119 percent for the week and was 139 percent over last year’s volume for the same period. The average price paid per credit declined $6.80 to $192.59. There were 37 transactions, 40 percent were type 1 transfers of 139,961 credits and 20 were type 2 transfers of 207,435 credits. Type 1 transactions are executed within 10 days of a transfer agreement. Type 2 transactions are executed beyond 10 days of a transfer agreement. Type 1 transactions may give a better indication of current market conditions since Type 2 transactions do not provide a date the agreement was entered into. The weighted average price for type 1 trades was $192.18, which was $0.41 below the average for all trades. Third quarter volume is 24 percent below second quarter volume but 58 percent…
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...