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 trading at 2pm CT on Friday, Dec 29 and will be closed Monday, Jan 1.**
As the shortened week progresses, wider ranges have been indicated, especially on ruminant meat and bonemeal. A tone has emerged with some stating they have cleaned up excess offerings, while others continue to succumb to lower bids. A new low of $185/st was reported on the Mo. River ruminant meat and bonemeal market, in large volume, widening the range to $185-290/st.
Poultry by-Product Pet Grade and Feathermeal Year-in-Review
*Quarterly values for the below analysis were based on the expectation that values will be flat until end of year.*
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