**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**
**Bob Lane was out of the office today.**
California low carbon fuel standard (LCFS) credit volumes increased, as the average credit price moved higher during the week ending March 24, according to the figures from the California Air Resources Board (CARB). It is typical that trading volumes rise before the end of March just before the quarter closes.
LCFS transaction volume totaled 902,887 contracts during the period under review, up from 629,504 contracts the week prior, or more than 43%. The average price paid per credit was $67.99, up $2.60, or close to 4% from the week before. However, the average price of a spot market trade was $64.75 each, down $2.32, or 3.46%.
…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...