The LCFS monthly credit volume is currently about 100,000 credits less than what the 2015 monthly average was. During 2015, the monthly average trading volume was nearly 238,000 credits, with a monthly high of 723,000 in December and a monthly low of 69,000 in March. In January, we saw credit volume fall 72% to 206,000. For February the volume fell another 33% to 139,000 credits. This…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...