This week we look briefly at California with a more in depth look at Oregon
California is well known for being at the forefront of economic and environmental issues. They were one of the first states to develop a comprehensive air quality improvement plan and were granted the authority to set vehicle standards that are more stringent than the Federal standards. California’s economy is the largest in the United States and would rank as the fifth largest in the world, ahead of the UK and behind Germany. California was the first state to adopt a Low Carbon Fuel Standard (LCFS) in an effort to curb pollution, reduce greenhouse gas emissions, and transition away from liquid transportation fuels.
California’s LCFS program has grown from a startup that encouraged 1.8 million gallons of renewable diesel…
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...