LCFS credit prices are likely to be on the rise again as base line carbon intensity levels continue to move lower, causing it to become more difficult to generate credits. Credits are needed to offset deficits. During 2013 through 2015 the base line carbon intensity level was frozen at a 1% reduction. California’s plan is to reduce their carbon intensity threshold by 10%. In 2016, there was another…
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...