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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04.26.2024

P66 Rodeo to begin producing SAF in Q3

P66 Rodeo to begin producing SAF in Q3

Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...

04.26.2024

Slower Gulf demand weighs on animal fats market

Slower Gulf demand weighs on animal fats market

Limited volumes of choice white grease traded at steady prices on Friday April 26, while trading was very quiet outside of the choice white grease market.

Price direction in...

04.26.2024

Porcine bloodmeal FOB Missouri River price drops week on week

Porcine bloodmeal FOB Missouri River price drops week on week

Limited trade was reported on Friday April 26 for US animal proteins, while prices widened downward.

Fastmarkets assessed bloodmeal, porcine, fob Iowa/Missouri/Nebraska at $1,025-1,150 per short ton on...

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