Average LCFS Spot Market Price Moves Higher for Fourth Straight Week

Average LCFS Spot Market Price Moves Higher for Fourth Straight Week

 

Weather Adds to Issues Facing Some Biodiesel Producers

Rising feedstock costs have been a problem affecting biodiesel margins over the past several weeks, putting a damper on production following record high output recorded by the EPA for the December.  However, margins are not the only problem in some areas.

Extreme cold has caused at least one plant to temporarily idle.  Hero BX had to slow operations due to extremely cold temperatures affecting their Clinton Iowa plant.  Over the past couple of days, temperatures have fallen to negative 14 degrees with wind chills down to negative 28.

The temporarily idling of the plant has led to some rumors about the plant closing for a more extended period.  The Jacobsen reached out to Hero BX for comment and President Chris Petersen was happy to put the rumors to rest.

According to Chris, the plant in Clinton is currently idled but it is strictly weather…

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01.14.2025

EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook

EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook

The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...

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DCO tracks soybean oil prices higher; fats markets unchanged

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Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.

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01.14.2025

USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate

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Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...

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