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...
Ruminant blood meal prices continue to fall with trading reported $825 – 875 FOB Mo. River this afternoon. Panhandle activity was quiet, but sources reported that the expectation is for lower prices this week.
Feather meal trading was done $10 up from the previous high. Trading in the MBM markets, both ruminant and porcine, was non-existent today.
The ruminant MBM weekly average reversed direction last week, trading up $2 compared to the prior…