Average LCFS Spot Market Price Moves Higher for Fourth Straight Week

Average LCFS Spot Market Price Moves Higher for Fourth Straight Week

 

Weather Adds to Issues Facing Some Biodiesel Producers

Rising feedstock costs have been a problem affecting biodiesel margins over the past several weeks, putting a damper on production following record high output recorded by the EPA for the December.  However, margins are not the only problem in some areas.

Extreme cold has caused at least one plant to temporarily idle.  Hero BX had to slow operations due to extremely cold temperatures affecting their Clinton Iowa plant.  Over the past couple of days, temperatures have fallen to negative 14 degrees with wind chills down to negative 28.

The temporarily idling of the plant has led to some rumors about the plant closing for a more extended period.  The Jacobsen reached out to Hero BX for comment and President Chris Petersen was happy to put the rumors to rest.

According to Chris, the plant in Clinton is currently idled but it is strictly weather…

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01.15.2025

DOE, USDA release updated GREET, CSA models

DOE, USDA release updated GREET, CSA models

On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called...

01.15.2025

US animal fats and oils markets climb, tracking gains in vegoils, energy complex

US animal fats and oils markets climb, tracking gains in vegoils, energy complex

After a relatively slow start to the week, trading in the US animal fats and oils markets gained momentum on Wednesday January 15, driven by developments in the macroeconomic...

01.15.2025

Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal

Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal

Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.

The...

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