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...
**Please note – Ryan Standard will be out of the office until Tuesday, Jan 2nd. In his absence, please contact Amanda Luhavalja at [email protected] with any questions, comments or trading. **
**Please note – The Jacobsen will close trade for the animal fats bulletin on Friday, Dec 22nd at 2 pm CT and publish shortly thereafter. There will be no reports on Monday, Dec 25th.**
The overall tone in the market was quiet with many prepping their delivery/receiving schedules for the next two weeks. BFT did trade into the Gulf market in a range of 43- 43.5 cts/lb delivered. Bids for UCO were heard lower as well, down to 40 cts/lb.
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