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...
February Biodiesel Imports Remain Strong, Exports Struggle
The United States Census Bureau reported the US imported 16.2 million gallons of biodiesel during February, 32 percent more than in January and 60 percent over the amount imported in February of 2019. The increase is sizable and has 2020 imports running 23 percent over 2019 over the first two months of the year. If the trend continues, the first quarter may see 47 million gallons of…