Weekly credit volume of 223,303 was up 23,411 credits from last week but 37 percent below the 2020 average if 352,989. Volume was 12 percent over the previous weekly total and 43 percent above last year’s volume for the same period. The average price paid per credit increased $1.00 to $195.79. There were 28 transactions, 16 percent were type 1 transfers of 97,294 credits and 12 were type 2 transfers of 126,009 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 better reflect 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 $197.10, which was $0.03 above the average for all trades. Third quarter volume is 17 percent below second quarter volume but 51 percent over Q3 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...