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
Trading moved lower on porcine MBM today out of the Indiana market. Values were sideways out of the Midwest, but there remains a risk for lower prices in the coming weeks. Well bought buyers and strong production continue to weight on the market.
Blood meal prices were lower on ruminant today, trading at a high of $675 FOB Panhandle and River. One and two load type trades were rumored as low as $510, but no confirmations could be found as of press…