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...
Malaysian palm oil exports end July lower than expected
Exports picked up over the final 5 days of the month, narrowing the month over month July trade gap from down 18% from June to down 6.4%. The bump up in trade activity was not enough though, and left a bit of disappointment in the market. Exports were expected to fare better in the second half of July, given Indonesia’s new export tariff system. The drop off in export activity appears worse now due to analyst…