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
Ruminant MBM trading was limited to the Panhandle market, which saw action in a wide range today $275 – 300. Trading out of the Mo. River market was quiet, but sources reported offers in a wide range, anywhere from $280 – 320 FOB. Trading in the porcine markets was steady.
Bloodmeal trading was done in a wide range, $775 – 825 FOB River and $800 – 850 FOB Panhandle for ruminant material. Porcine blood traded $775 – 840 today with loads moving at a number of…