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 trading moved lower out of the Mo. River market today with action seen as low as $190. Sellers in the Midwest are struggling to find outlets for material that may have previously been earmarked for the Southeast. Logistics into the Carolinas and neighboring areas are proving to be quite the challenge for everyone this week and certainly into next week, with closed rail lines and highways. Several plants will shutdown tonight and the hopes of all are for…