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...
Feathermeal prices were steady today, although there are indications that some extra material is starting to show up in the market. Shipping issues threaten the ability of sellers to get material into importing countries and prices over $550 are pushing buyers in the US feed sector to take a harder look at including more soybean meal in their rations. Port congestion and container shortages are limiting exports into the APAC region and pre-Ramadan business appears to be mostly tied up out of Indonesia and bids have come off $50 or more on feathermeal. The slower export business and high…