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...
May biodiesel imports up 3% lower month over month – US Census Bureau
Per the US Census Bureau, the United States imported 13,439,733 gallons of biodiesel during the month of May, up 2.7% from April but 67% less than the 40.42 million gallons imported during May of 2017. The lack of blenders tax credit continues limit import activity, while countervailing duties and anti-dumping charges imposed on Argentina and Indonesia have closed the…