LCFS Credits Outpace Deficits
Total credit volume within California’s LCFS program increased 265,896 to 4.34 million during the fourth quarter of 2020. This was 6.53 percent above Q3 and 6.1 percent more than in Q4 of 2019. Deficit production fell by 56,301 to 3.96 million during the fourth quarter of 2020. This was 1.4 percent below Q3 but 1.8 percent above Q4 2019.
Biodiesel and renewable diesel consumption showed strong growth during fourth quarter reporting. Biodiesel credit generation increased 56,374 to 649,972 during the fourth quarter. This was 9.5 percent above third quarter reporting and the largest quarterly use of biodiesel on record. Renewable diesel credit generation increased 186,178 credits to 1.29 million Q4. This was 16.8 percent over third quarter reporting and…
12.30.2024
Glycerin prices on rise while inventories fall
Crude glycerin prices rose this week, with sources reporting to Fastmarkets on Monday December 30 that slowing biodiesel production is leading to reduced supplies.
One trader reported for...
12.30.2024
Early publication of US agricultural products price assessments: pricing notice
Fastmarkets will publish price assessments for US animal fats and oils, animal proteins, biomass-based diesel, hide and leather, grain and feed ingredients, organic/non-GMO and vegetable oils at 12:00pm Central...
12.30.2024
US bloodmeal price spread widens even with an elevated low end: 2024 recap
US animal protein prices were steady on Monday December 30.
Hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.200 million head in the week to January 4,...