LCFS Credit Volume Down 37% Week Over Week; 54% over 2021 Weekly average
Weekly LCFS credit volume of 821,387 was 37 percent below last week’s volume but 54 percent over the 2021 weekly average of 534,702. Credit volume was the 10th largest weekly total on record, following last week’s record total of 1.31 million. Second quarter volume is 107 percent over first quarter volume (two-week comparison) and 92 percent above Q2 of 2020. The average price paid per credit declined $4.36 to $192.92. Of the 100 transactions during the week, eight percent were type 1 transfers of 67,207 credits and 92 percent were type 2 transfers totaling 754,180. 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 more accurate indication…
02.03.2025
US animal fats steady amid trade uncertainties; hog slaughter down slightly on week
The US animal fats and oils markets were relatively quiet on Monday February 3, as sources said the market was still absorbing news of new US tariffs and expected...
02.03.2025
Bi-annual USDA cattle report indicates slowed cattle herd growth
This continued reduction in total head counts, led by a 0.53% (149,500 head) year-on-year reduction in beef cows, continues to indicate restricted herd growth. Currently, the beef herd is...
02.03.2025
Central Illinois weekly soybean, soyoil, soymeal prices fall
In the week to Friday January 31, the soybean crush margin in Central Illinois decreased by 4% week on week and by 5% year on year, according to the...