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 until Tuesday, Jan 2nd. In his absence, please contact Amanda Luhavalja at [email protected] with any questions, comments or trading. **
**Please note – The Jacobsen will close trade for the animal fats bulletin on Friday, Dec 29 at 2 pm CT. There will be no report on Monday, January 1.**
The market opened the holiday-shortened week in extremely quiet fashion on Tuesday, with no trading reported. Most price spreads remained steady to previous ranges. Light activity is anticipated for the remainer of the week, as the end of the year and the New Year’s holiday approach.
Cattle slaughter finished last week at an estimated 621,000 head, down more than four percent on the week but up 12 percent on the…