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...
US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.
Fastmarkets price assessment for feathermeal, fob US Carolinas was $455-480 per short ton on Tuesday, down from $470-510 per short ton on Monday May 6.
Fastmarkets assessed feathermeal, fob Minnesota at $525-575 per short ton on Tuesday, down from $550-600 per short ton on Monday.
And Fastmarkets price assessment for feathermeal, fob Delmarva Peninsula was $450-480 per short ton on May 7, down from $480-510 per short ton on May 6.
Downward price pressure was also reported on ruminant bloodmeal in both the Missouri River and Texas Panhandle regions.
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