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...
CWG Trading Steady, Lard Moves Lower From Yesterday’s Report
Choice white grease trading was steady this afternoon as supply and demand seem well balanced at the moment. The downward momentum that had been in the market as a result of heavy hog processing numbers was stopped by the drop off in distillers corn oil production. The relative price of choice white grease to corn dropped to 359 percent in March, down from the 401 in February. Short covering into the Gulf with choice…