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...
High test DRT prices moved higher today. Sellers continue to push for higher ruminant blood meal prices, but thus far the $600 FOB level has been elusive. Prices for ruminant blood meal out of the Missouri River market have traded higher in October relative to September in two of the last five years, but only three times in the last fifteen. Despite a track record of lower prices in October, averaging a decrease of $51 over the last five years, the strong animal protein…