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 – The Jacobsen will close trade for the animal proteins bulletin on Friday, Dec 22nd at 2 pm CT and publish shortly thereafter. There will be no reports on Monday, Dec 25th.**
Most values were reported as rangebound for the day on animal proteins. Price adjustments were witnessed on poultry by-product pet grade and feathermeal with the holiday sessions creating volatility. Some participants communicated limited spot trade on ruminant and porcine items, as several traded ahead of the holiday weeks.
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