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...
*Please Note – Ryan Standard will be out of the office for the remainder of the week. He will return on Monday, December 4, 2023. In his absence, please contact Amanda Luhavalja at [email protected].*
The animal fat market remained quiet overall on Tuesday. Some tighter and slightly lower price ranges were heard on poultry fat, with values straddling the 40 cts/lb mark in most regions.
For distiller’s corn oil (DCO), five railcars traded down to 51.50 cts/lb delivered into Manly, Iowa for the nearby position. DCO traded in the mid-50 cts/lb FOB in the Midwest truck market on Monday afternoon.
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