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...
The market was mostly quiet today with few changes reported. Pet grade poultry by meal and chicken meal both are heavy in pockets, which is creating a wide spread in the market. Some sellers have held the market steady and are well sold on contracts into the pet food industry, but those looking to move extra spot material have been struggling to maintain steady values. Over the last five years, prices for pet grade poultry meal have increased 20 percent of the time relative to July and not once in September relative to August. The last time the price of PFG PBM increased in…