Weekly LCFS credit volume of 541,846 was 47 percent over the average weekly credit volume for the year and 294,205 over the volume traded the week prior. Credit volume reached a four-week high and was 144 percent above last year’s total for the same period. The average price paid per credit declined $1.39 to $194.53. There were 42 transactions, 37 percent of the volume was type 1 transfers of 201,462 credits…
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...