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...
Two cars of lard traded into the Chicago market today.
The EIA ethanol production estimate for last week was down 16.4 percent from the week prior, the lowest production estimate since the week ending September 20, 2013. With ethanol margins at an estimated negative fifty cents, gasoline demand down 25 percent from last week and ethanol storage up to an all time high at 25.7 million barrels (just over 1 bil…