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...
Market Activity
Activity in the Midwestern markets was mostly quiet today with not a lot of movement reported. CWG prices were steady out of the Mo. River market. YG was steady in the Midwestern and Western markets, but reported lower in the East. DCO prices did move lower out of the Mo. River market, both for the spot and forward positions.
Poultry fat prices moved lower today, pressured by cheaper soybean oil values. Looking at the prior three year average for July,…