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
A number of sellers are pushing for higher numbers for MBM, but aren’t seeing them trade yet. Trading was done lower out of the Panhandle market, but most are calling the market a $310 minimum. Porcine trading was reported mostly sideways today, but the bottom side of the Mo. River market did trade up $10.
The feathermeal market appears to be improving with trading reported higher today. The topside of the MN market was up $5 and the Missouri market traded…