Feedstock providers and biofuel producers in the US have been resistant to the proposed amendments by the California Air Resources Board (CARB) to cap the use of canola and soybean oil (SBO) at 20% of a company’s feedstock mix in meeting the goals of the state’s Low Carbon Fuel Standard (LCFS).
But if implemented, the cap could lead to additional canola use, sources told Fastmarkets.
In the US, soybean oil has been the most widely used feedstock in biofuel production, averaging nearly 50% of all feedstocks used through mid-2022 and reaching a high of 60% in 2020. Since then, soybean oil’s percentage share of the feedstock mix has been steadily declining, averaging only 34% in 2024.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...