Weekly LCFS credit volume fell to a 12-week low as contracted trades evaporated. Contracted trades fell from 33 the week prior to nine in the latest weekly trading report. Spot market trades were more resilient, slipping from 17 to 15. Volume is expected to remain relatively flat for another week before beginning to climb towards new near-term highs in late September/early October. The next LCFS reporting period is October 2, 2023, with a publication date of October 31, 2023.
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07.26.2024
US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand
On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...
07.26.2024
Animal fats and oils trade freezes following soybean oil market drop on SRE report
Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...
07.26.2024
Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter
US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...