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
Hog kills were off significantly today at 261,000 head. Record or near record cold temps shuttered a number of plants today and potentially for part of tomorrow as well. Logistics and operations have been an issue across much of the Midwest with energy curtailments, frozen lines and trucks off the road. Temps are forecast in the mid to upper 40’s over the weekend in much of the cold affected areas and hog slaughter will likely run heavy to make up for the cold…