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...
The market slowed last week with November shipments to China drying up, although several suppliers reported some carry-over weekend sales which could boost this week’s export report. While there were some reports that one of the big packers had volume offerings below other producers, the bulk of offer pricings were similar to the prices over the last couple weeks. Confirmed sales on most selections were also close to previous levels with a few…