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...
Ethanol/DDGS Output Falls 43 % in Three Weeks
- Ethanol production falls 15% to 570,000 bpd; Lowest on record
- Gasoline demand edges 0.3% higher to 5.08 million bpd, remains near lowest level on record
- Ethanol Stocks hit all-time high – 27.5 million barrels
According to the EIA Weekly Petroleum Status Report, ethanol production declined 102,000 barrels per day to…