Weekly credit volume of 530,010 was up 179,728 credits from last week and 48 percent above the 2020 average if 357,576. Volume increased 51 percent for the week and was 40 percent over last year’s volume for the same period. The average price paid per credit increased $0.36 to $196.08. There were 34 transactions, five percent were type 1 transfers of 53,888 credits and 23 were type 2 transfers of 476,122 credits. Type 1 transactions are executed within 10 days of an 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 $195.08, which was $1.00 below the average for all trades. Third quarter volume is six percent below second quarter volume but 49 percent over Q3 of…
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...