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...
Strong demand for both ruminant and porcine MBM combined with plant downtimes are adding substantial risk to the market for higher prices. Next week’s levels are apt to move above the $400 level and there was light volume today at $500. The Missouri River porcine MBM market hasn’t traded in substantial volume at or above $500 since September 2, 2014.
Figure 1.
…