03.28.2024
LCFS credit volumes, average prices move higher
**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**
**Bob Lane was out of the office today.**
California low carbon...
The estimated crush margin fell another 3%, dropping 6 cents per bushel as the margin narrowed for the fourth consecutive week. The entire soybean complex moved lower this week. However, the value received from oil and meal sales fell at a more rapid pace then the decreasing price paid for soybeans. The value received from oil and meal sales, per bushel of soybean crushed, fell by 34 cents, while the price paid for a…