The volume of LCFS credit trading has slowed significantly since the end of 2016. The average LCFS volume hoovered just over 100K credits changing hands weekly for much of 2016, and an average of158K contracts traded weekly during the last quarter of 2016. Over the first month of 2017 credit volume dipped to weekly low of 37K during the first week of January and averaged 81K weekly through February 5th.
The…
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...