Analyst Insight
LCFS Credit Production Surpasses CARB Estimates, Biodiesel and RD Struggle
Excerpt: California Air Resources Board (CARB) released third quarter consumption data for the Low Carbon Fuel Standard (LCFS) this afternoon.  Third quarter credit output was three percent over second quarter production and 35 percent above the third quarter of 2018.There were 3.78 million credits produced in the third Quarter, which surpassed CARB’s forecast of 3.67 million.
Tweet of the WeekÂ
@MIBiofuels Renewable identification number #RIN markets were quiet, especially in the D4 category, as the #NBBconference was taking place. However, there was some volatility in 2020 D4 RIN values, while prices remained steady in the other D Code categories.
Industry Highlights
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04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...
