Weekly credit volume increased during in the last week of June but was still well below average as the second quarter came to a close. Volume of 258,808 was 61 percent over last week’s volume but 26 percent below the average weekly volume for the year. The average price paid per credit fell $6.52 to $198.79. There were 23 transactions, eight were type 1 transfers of 53,063 credits and 15 were type 2 transfers of 205,745 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 average price for type 1 trades was $206.95, which was $8.16 over the average price of all trades. Second quarter…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...