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 Proteins – International
Prices for MBM into China and Indonesia were higher again this week, topping out at $550 and $515, respectively. Strong bean meal values and post holiday demand from China have pushed the market higher.
Australian MBM export prices are off by AUS$15 from last week’s high. A stronger AUS$ has been blamed for the discount. The AUS$580 equates to US$454 today. Blood meal export values were reported higher and the pet grade poultry meal…