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...
Poultry fat prices moved lower into the Eastern markets today as pressure from heavier supply in the AL/GA market has pressured prices in that region lower. Increased production has added to the negative price pressure as well. Broiler slaughter is forecast to increase over the next six weeks, eventually surprising 2019 levels after the July 4 break. Broiler slaughter is forecast at an average of 166 million head per week over the next six weeks, up 4 percent relative to the prior six week average and down 1 percent compared to…