LCFS Q4 Credit Volume Up 32% from 2019
Weekly LCFS credit volume of 112,136 was 69 percent below the average weekly volume for the year and 118,567 credits below the volume traded the week prior. Credit transfers slipped to a four-week low but were 11 percent over last year’s total for the same period. The average price paid per credit increased $1.26 to $197.10. There were 11 transactions,…
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...