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...
Processing Downtimes Tightening Fat Supply
Choice white grease traded higher out of the Mo. River market today. Supply and availability continue to be of concern with reports of plant shutdowns tied to COVID-19 continuing to grow. A pork processing plant in Iowa was idled yesterday after a number of plant employees tested positive for COVID-19. This recent shutdown adds to the list already containing a beef plant in Pennsylvania and a poultry plants in Georgia and Delaware. A beef…