Weekly LCFS credit volume of 851,528 was 125 percent above the average weekly credit volume for the year and 406,589 credits more than was traded the week prior. Credit volume reached a 24-week high and was 80 percent over last year’s total for the same period. The average price paid per credit increased $1.28 to $198.47. There were 94 transactions, 15 percent were type 1 transfers of 124,754 credits and 85 were type 2 transfers of 726,774 credits. Type 1 transactions are executed within 10 days of an agreement. Type 2 transactions are executed beyond 10 days of a transfer agreement. Type 1 transactions may give a better indication of current market conditions since Type 2 transactions do not provide a date the agreement was entered into. The weighted average price for type 1 trades was $196.06, $2.41 below the average for all trades. Fourth quarter volume is nine percent over third quarter…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...