Average Weekly LCFS Credit Price Falls to Six-Week Low

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Average Weekly LCFS Credit Price Falls to Six-Week Low

The average weekly LCFS credit price dropped to six-week low amid concerns surrounding when the more stringent benchmarks might be approved. Credit volume reached a five-week low. Transaction volume is expected to move higher over the next few weeks before accelerating to new near-term highs in October. The next LCFS reporting period ends October 2, 2023, with a publication date of October 31, 2023.

2023 LCFS credit volume is 3.98 million above 2022 volume through the same period but generating $932 million...

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DCO Production Falls to Multi-Month Low

DCO Production Falls to Multi-Month Low

The overall tone of the market was quiet again today, although there was trading done at higher prices for...

Feathermeal and Meat Meal Exports Higher in July

Feathermeal and Meat Meal Exports Higher in July

Trading was mostly steady today with few changes reported. There is some pressure on the feathermeal market with sellers...

U.S. Weekly Ethanol Production Drops Below One Million bpd

U.S. Weekly Ethanol Production Drops Below One Million bpd

Market participants reported two trades today, resulting in an uptick in price ranges for Minneapolis and Kansas City, while...

Ongoing Automotive Strike May Pressure Prices Lower For Cattle Hides

Ongoing Automotive Strike May Pressure Prices Lower For Cattle Hides

Hide offers were released yesterday which brought good volume of demand from buyers but at prices several dollars lower...

Cottonseed Oil Prices Step Lower with SBO Weakness

Cottonseed Oil Prices Step Lower with SBO Weakness

At the cash market, indications for Mississippi Valley cottonseed oil (PBSY) dropped four cents from prior assessments. Values stepped...

Organic Soybean Price Seasonality

Organic Soybean Price Seasonality

Organic soybean prices are entering a seasonal weakness.  You can see from...

Automakers Seek Stable Supply Chains

Automakers Seek Stable Supply Chains

Less than 48 hours in advance of the United Auto Workers (UAW)...

Glycerin Crude Prices Poised to Move Higher

Glycerin Crude Prices Poised to Move Higher

Glycerin values are holding mostly steady again this week. Prices have been slowly rising since the second quarter...

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09.20.2024

BOHO spread reaches two-month high

BOHO spread reaches two-month high

The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...

09.20.2024

US animal fats, oils finish week stable to higher; SBO hits monthly high

US animal fats, oils finish week stable to higher; SBO hits monthly high

The US animal fats and oils markets closed the week to Friday September 20 unchanged, with limited trade reported.

The only notable movement was in the Midwest yellow grease market,...

09.20.2024

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

US animal proteins were steady to slightly lower on Friday September 20. The only price change was on the Southeast poultry by-product meal pet grade due to increased production....

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