Regulated Parties Square Credit Accounts as Q4 Accounting Ends; Market Price Falls as Buyers Step Away
Weekly LCFS credit volume of 1.3 million was 35 percent over last week’s volume and 155 percent over the 2021 weekly average of 512,650. Credit volume was the largest weekly total on record, surpassing the prior record set on Jan 3, 2021 by six percent. Second quarter volume is 243 percent over first quarter volume (one week comparison) and 43 percent above Q1 of 2020. The average price paid per credit declined $0.62 to $197.31. Of the 93 transactions during the week, 36 percent were type 1 transfers of 472,931 credits and 64 percent were type 2 transfers totaling 836,750. 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…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...