Trading of LCFS credits during the week ending July 1sthit its highest weekly total of 2018. 450,573 credits traded, up 363,845 from last week and 52% more than a year ago. Per California’s Air Resource board (CARB), trading volume was up significantly week over week and well over the weekly average. The average weekly volume for 2018 moved from 173,455 credits to 184,114. Current weekly volume is…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...