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...
Choice white grease traded steady into the Chicago market for one rail car. Missouri River trading was quiet today. A lack of availability in the spot market is keeping prices in check and the one and two truck trades that are popping up in the market have been done in a very wide spread. The risk for lower prices in the choice white market remains present with corn hovering around the $3.20/bushel mark, which at 400 percent gives corn as a fat ingredient a price of 22 7/8 cents per pound. The pork…