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...
Palm oil prices rebounded forming a bottom and climbing higher in tandem with soybean oil. Prices were buoyed as shipments from Malaysia, fell nearly 14% in February month over month, according to data from cargo surveyors. Output is expected to rise from now and through the second quarter of the year, following a recovery in fresh fruit yields.
Vegetable oil prices also received a boost as news that Brazil…