LCFS Credit Volume Hits Mid-Year Slump
LCFS credit volume continued lower despite a slight increase in transactions over the past week. Weekly LCFS credit volume of 119,252 was 19 percent below last week’s and 74 percent under the 2021 weekly average of 461,101. Second quarter volume is six percent below first quarter volume but 14 percent over Q2 of 2020. The average price paid per credit declined $1.97 to $187.42. Of the 21 transactions posted, Type 1 transfers totaled 15,252 credits and Type 2 transfers 104,000 credits. Type 1 transfers accounted for 29 percent of the transactions and 13 percent of the volume.
Type 1 transactions are executed within 10 days of an agreement. Type 2 transactions are executed beyond 10 days of a transfer agreement. Type 1 transactions may provide a more accurate indication of market…
02.25.2025
Prices for US animal fats and oils hold steady amid pressure from outside markets
The US animal fats and oils markets held steady on Tuesday February 25, with limited new trades reported throughout the day.
Following an active trading week last week,...
02.25.2025
US weekly soybean, wheat export inspections increase; corn drops
Export inspections of US grains showed a decline for corn, but an increase for soybean and wheat in the week to Thursday February 20, according to USDA data released...
02.25.2025
US hide export shipments fall below weekly, yearly levels
US hide trading was relatively slow, with a reported trade on heavy native steers (HNS) at steady levels and a slight dip for butt branded steers (BBS). Market participants...