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 – International
A lack of demand from Singapore in the face of strong production has pushed Australian export prices lower. Values are off US$30 – 40 compared to last week. Slaughter in Australia was down compared to the week prior at just under 141,000 head in the Eastern States. Kills continue to run above 2017 levels, up 6% compared to the same week last year. Values out of NZ moved higher, despite the continued dearth of interest from Singapore. Sellers are seeing…