California recently released their fourth quarter 2019 LCFS Data. Fourth quarter credit production was up 7 percent from the third quarter while the number of fourth quarter deficits fell one percent relative to third quarter output. For the year, 14.8 million credits were generated, up nearly 31 percent from 2018 production. The number of deficits produced in 2019 was 20 percent below that of 2018 production.
Biodiesel volume reached 211.6 million gallons in 2019, up 15 percent from 2018 volume of 184.5 million gallons. Biodiesel production produced 1.8 million credits in 2019, which was 14 percent over 2018 production and represented 12 percent of total 2019 credits. Biodiesel credit production declined from 14 percent of all credits produced in 2018 to 12 percent in 2019.
Renewable diesel volume of 617.9 million gallons was 61 percent over 2018 volume and…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...