**Please Note** The Jacobsen will not publish The Biodiesel Bulletin next Thursday & Friday, November 27th and 28th, in observance of the Thanksgiving holiday. Trade will close at noon CT on Wednesday with publication shortly after.**
LCFS credit volume rebounded last week, hitting a five-week high of 618,108. Ninety four percent of the weekly transactions were Type 2 transactions, which have an unconfirmed date range but are outside the 10-day transaction window between the time an agreement is made and executed. Weekly volume of 618,108 was noticeably above the prior week and 37 percent over the 2021 weekly average of 449,861. Fourth quarter volume is 64 percent over third quarter volume and 61 percent above Q4 of 2020. There were 65 transactions during the week, up from eight the week before. The weighted average price paid per credit increased $5.96 to…
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...