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...
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Colorado Delays LCFS feasibility Study
Due to COVID related delays and resource constraints, the June 30 deadline has been revised and extended. The Study is now expected to be complete by September 30, 2020. After completion, it will be reviewed and formatted. The Colorado Energy Office anticipates releasing the study in October 2020. The timeline is subject to changes due to the ongoing and changing circumstances surrounding the COVID pandemic.
July WASDE Update
The July World Agriculture Supply and Demand Estimates (WASDE) released by the USDA reflect an increase in soybean oil stocks for the 2020/21 crop year. Increased soybean crushing in the 2019/20 crop season boosted soybean oil production by 105 million pounds and led to an…