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 MBM trading was higher out of the Panhandle today, topping out at $313 FOB. Mo. River action was steady with the previous high of $325. Porcine trading was quiet.
Blood meal was active today with ruminant trading off out of the Mo. River, but higher ex Panhandle. Rail availability remains heavy, hence the $750 number in the Mo. River market. Porcine trading was lower as well, topping out at $850 FOB today.
Pet grade poultry meal was reported…