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
Four cars of packer BFT traded at $0.2600 Chicago today with another four offered at $0.2600. Tech tallow was quiet and the Chicago quote will be pulled on Monday if there is no trading. Interest from the renewable market has been strong for tech in the West. Given the twenty cars of material that have traded the last couple of days at steady prices in the Chicago market, it’s reasonable to expect that BFT prices are going to be steady in the near term. Since 2010,…