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...
Export data from cargo surveyor Intertek Testing shows that Malaysian palm oil shipments fell 11% month-over-month. Exports are not keeping par with August’s pace, which was up a rapid 31% from July. During August, export expansion was met with only a tepid 7% increase output, according to the Malaysian Palm Oil Board (MPOB). For the year, exports are up 13%, output is down 17%, and…