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…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...