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...
Ethanol & DDGS – Output Begins to Slow
According to the EIA’s Weekly Petroleum Status Report, ethanol production declined 30,000 barrels per day to a 1.05 billion-barrel-per-day average during the week ending Mar 20, 2020. Production is expected fall further as producers adjust to slowing gasoline demand during the Coronavirus pandemic. DDGS output fell 2.9 percent for the week but is 3.1 percent over levels posted for the same period last year.
Gaso…