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...
Ruminant MBM traded higher into the Eastern markets and out of the Dal/Hou market today and late yesterday. Demand remains strong, and ruminant MBM is well valued versus the alternatives.
Blood meal prices remain strong but are starting to run into some top side resistance. Historically, prices have increased more often in November and December than not, at a frequency of 60 percent over the last three years for ruminant MBM out of the Mo. River market. Holiday production interruptions are the likely driver of the higher prices and while the…