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Author: Alexandra Watts

CARB seeks to incentivize higher LCFS price

Alexandra Watts | 04.10.2024

In September 2023 the California Air Resources Board (CARB) released the Standardized Regulatory Impact Assessment (SRIA) aimed at changing the LCFS compliance curve. Current compliance calls for a 20% reduction from a 2010 baseline in the carbon intensity of transportation fuel by 2030. The proposed amendments would increase compliance to a 30% reduction by 2030 with additional step downs leading to a 90% reductio...

Tallow trades in wide range into the US Gulf

Tallow traded higher into the US Gulf market today at 41 and 44 cents lb delivered. Trading into and...

Improved supply and a high price to soy cut demand for porcine MBM

Porcine meat and bone meal (MBM) traded lower out of the IA/MO/NE market today, down to a low of...

Ethanol production and stocks drop week-on-week

Wheat midd prices in the Minneapolis and Kansas City markets were higher on...

Hide buying for furniture tanning slows along with FRED sales data

Physical vegetable oil market activity slows to crawl

Physical trading slowed to a crawl on Wednesday April 10. Bids and offers on soybean oil widened and dropped...

Latest CPI reveals a persistently hot economy

The U.S. Bureau of Labor Statistics released the latest Consumer Price Index...

April STEO and 2024 RVO outlook

April STEO forecast and 2024 RVOs

The RFS renewable volume obligations (RVOs) issued by the EPA provide percentage standards applied...

Slowing demand continues to weigh on Gulf market

A car of lard traded late yesterday, up a penny to 41 cts/lb Chicago and even with the last...

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