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...
Animal fat prices were steady to start the week.
Hog slaughter finished last week at an estimated 2.68 million head, up slightly at 0.17 percent from a year ago levels. The slaughter is forecast to trend higher over the next six weeks, projected at 2.7 million head this week and to 2.8 million head on the week ending December 12th. The next six weeks are forecast out 1.4 percent over the prior six weeks and 0.5 percent over 2019 levels. The additional supply adds risk…