2020 LCFS Credit Volume 59% Above 2019
Weekly LCFS credit volume of 381,276 was 6.5 percent over the average weekly volume for the year and 146,599 credits over the volume traded the week prior. Credit transfers reached a four-week high but were 48 percent below last year’s total for the same weekly period. The average price paid per credit increased $0.42 to $198.99. There were 46…
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...