Weekly credit volume of 624,060 was 71 percent over the average weekly credit volume for the year and 215,373 credits above last week’s total. Volume increased 53 percent from the prior week and despite being the third highest weekly credit total of 2020, volume was 16 percent below last year’s total for the same period. The average price paid per credit increased $0.22 to $197.18. There were 88 transactions, 23 percent were type 1 transfers of 169,015 credits and 65 were type 2 transfers of 455,045 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 $191.86, $5.32 below the average for all trades. Fourth…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...