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 – The Jacobsen will close trade for the animal proteins bulletin on Friday, Dec 29 at 2 pm CT. There will be no report on Monday, January 1.**
**Please Note — There will be no international proteins prices or commentary released this Thursday ahead of the New Year’s holiday. The Jacobsen will close trading at 1pm CT on Friday, Dec 29 and will be closed Monday, Jan 1.**
Ony a few price adjustments were reported for the day, with most trade lingering within the previously set ranges. Both porcine bloodmeal, Mo. River, and ruminant bloodmeal, Tx. Panhandle, were stronger on accounts of limited offerings. Deals heard as high as $1525/st on porcine and $1375/st on ruminant were reported but could not be confirmed as of press time.
Wider ranges were also indicated on porcine meat and bonemeal due to a have-have-not tone.
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