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...
Ruminant MBM trading into China and Indonesia moved higher this week. Higher soybean meal prices and buyers getting ahead of potential supply disruptions are driving the surge in prices. Trading out of the New Zealand market was steady for MBM, Australian prices were mostly steady. Mixed species material in the Australian market was reported as low as A$625, export sales of pure beef were as high as A$740, but the bulk trading was consistent in the…