Daily Charts
The RINs market remains relatively subdued. The 2019 biodiesel RIN went unchanged from yesterday’s close, holding at 58 bid versus a 59 offer. The 2020 biodiesel RIN increased half a cent in value to 61.50 and the 2021 biodiesel RIN was quoted 60 bid versus a 64 offer.
The LCFS credit continued to stabilize around the $200 mark. Bids were last seen for $199 against offers at 203 in the prompt market. Fourth quarter 2020 and first quarter 2021 were showing $198 bids. Further down the curve, there was a fourth quarter 2022 trade at $194. In Oregon, the CFP credit was showing a $130.50 offer. $129 reportedly traded yesterday.
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01.27.2025
Animal fats start week quiet despite strong US, European demand
Bleachable fancy tallow (BFT) was quiet in the Chicago market on Monday January 27, following gains late in the previous week, though offers for Gulf deliveries continued to emerge...
01.27.2025
Animal protein trade volume down with IPPE attendance; lower cattle on feed numbers due to fewer heifers
Sources continued to report limited trade for US animal proteins on Monday January 27; several market participants were reported to be traveling to attend the International Production and Processing...
01.27.2025
Central Illinois soybean crush margin climbs 14% amid rising soymeal prices
In the week to Friday January 24, the soybean crush margin in Central Illinois increased by 14% week on week and by 5% year on year, according to the...