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...
Three cars of packer traded at $0.2800 Chicago this afternoon along with one car at $0.2700. More material was offered at $0.2700 and was untraded as of press time. Illinois yellow grease traded lower with $0.1925 reported in five rail cars. The NY market was a bit higher on the topside with 10/2 product trading at $0.1875 FOB, there was light trading done as high as $0.1975.
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