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
Tallow was offered out at $0.3200 Chicago this afternoon, both grades, with counters reported at $0.3150. Choice white grease traded higher in trucks, $0.2450 – 0.2500 FOB Mo. River. Sources reported slim offerings on yellow grease with reports of strong biodiesel demand.
Animal Fats – International
Trading out of the Australian market was quiet this week coming off of the ANZAC holiday. Sources commented that kills remain tight, both due to…