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 29 at 1 pm CT. There will be no report on Monday, January 1.**
Trading was scant on Thursday due to the forthcoming New Year’s holiday break. Participants who were in their offices were busy completing year-end administrative work. Gulf tallow traded at 41.50 cts/lb delivered. Choice white and yellow grease prices were lower in most regions. Mo. River yellow grease was indicated at 31-32 cts/lb.
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