05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
The market is still quiet with a few offerings beginning to circulate that are showing little change from last week. Some producers are indicating better positions, but most people in the trade believe buyers will continue to try and lower prices. The cow market continues to face greater pressure because tanners in China’s Hebei and Jiangsu provinces closed for environmental problems. This also has contributed to the collapse of the drop split…