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...
Market Activity
There was a decent amount of trading scattered across a variety of markets today. Chicago packer BFT traded in one car, $0.2800 Chicago. Tallow was quiet for the other grades and markets.
CWG trading traded out of the Mo. River in good quantity, $0.2425 – $0.2500 FOB. The Chicago rail market remains quiet.
YG trading was done out of the Illinois market between $0.2350 – $0.2400 with good volume trading on the topside. The KS/TX market was reported at…