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...
ANIMAL FATS COMMENTARY
The animal fat markets seem to be on a somewhat slippery slope as markets slip-and- slide lower. Packer tallow did traded today at 28.5 Chicago, but only for two cars so the price guide will not change…at least today. There may be unreported trading taking place at the Chicago AFOA conference. However it feels like the biodiesel industry is taking a wait-and-see approach before buying with all the Yakety-yak…