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...
Animal Proteins – International
There are no changes into the market for Indonesia or China this week. Sellers are pushing for higher prices into China post-holiday, but thus far interest has been steady. Heavy stocks in Indonesia have put some of the buyers on the sidelines as they look for lower prices. Light volume was reported this week at steady numbers.
Prices out of the New Zealand market moved NZ$5 lower. Kills have picked up in New Zealand due to dry weather and…