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
Ruminant MBM prices were lower out of the Panhandle and Mo. River markets today as sellers continue to discount material in order to keep it moving. Porcine trading was unchanged from the previous report, but a negative tone remains in the market.
Feathermeal prices fell further out of the Minnesota market, seeing a low of $425 this afternoon. Prices in the MN market continue to see pressure from the lower priced Mid South market. Bloodmeal prices were…