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...
Technical tallow traded lower today, down to 70 cts/lb Chicago in substantial volume. There was a one car trade done at 76 cts/lb Chicago as well, but was not included in today’s price report because of 25 cars traded at the 70 cts/lb level. Chicago BFT remains quiet, but trading was done into the Gulf at 65 cts/lb today.
…