Weekly LCFS Credit Volume Reaches 8-Week Low during First Week of August
Weekly LCFS credit volume slowed as the market moved into a cyclical low between reporting periods. Volume will likely begin to climb through the balance of August before rapidly ascending to new near-term highs in late September/early October. The next LCFS reporting period ends October 2, 2023, with a publication date of October 31, 2023.
2023 LCFS credit volume is 3.79 million above 2022 volume over the same period but generating $906 million less in revenue. The average 2023 credit price of $76.20 is fifty-nine percent below the 2022 average of $121.10, This leaves the program in the odd position of higher volume and lower revenue. If this trend continues through 2023, it will be for the second consecutive year.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
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December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...