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 fats bulletin on Friday, Dec 22nd at 2 pm CT and publish shortly thereafter. There will be no reports on Monday, Dec 25th.**
Vegetable oil futures prices ended slightly higher on Tuesday, with palm oil and soybean oil futures posting marginal gains. Improving weather forecasts for Brazil ran counter to a rally in crude oil values. January delivery soybean oil futures finished up 9 basis points per pound, or 0.2 percent, at 50.73 cents per pound.
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