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...
Protein Prices Continue to Rise on Uncertainty and Tighter Supply
Both ruminant and porcine MBM prices moved higher today with tight supplies creating a “name your price” environment. Offers for porcine material were out at and above $400 FOB Missouri River today. Strong pet food demand and big export interest have contributed to the higher prices as well.
Ruminant bloodmeal did trade lower today, $900 – 1000 FOB. Sellers have suggested that higher prices are possible due…