Ethanol Stocks Continue to Climb, Reaching 3-Month High

Ethanol Stocks Continue to Climb, Reaching 3-Month High

Reports indicate that the price range for wheat midds has increased in Minneapolis, Kansas City, and Buffalo. With the holiday approaching, the market has become tight as end users are unwilling to sell their feed, reporting both a lack of demand and issues with run time. Participants have pointed out that the markets may be exaggerated as individuals are stocking up on mill feed in anticipation of the holiday. Reports also indicate a decrease in corn gluten meal prices for Chicago rail, as well as Midwest barge and rail.

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05.17.2024

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

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...

05.17.2024

Animal fat average prices rise week on week

Animal fat average prices rise week on week

Only light trade was reported for most of the week, with several market participants attending the Fastmarkets Biofuels & Feedstocks event in Chicago on May 13-15.

Fastmarkets’ price...

05.17.2024

Animal protein prices steady to lower week on week

Animal protein prices steady to lower week on week

US animal protein prices were steady to lower week on week on Friday May 17. Only light trade was reported for most of the week with several market participants...

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