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...
The beginning of 2024 has been somewhat quiet with not a lot of activity reported to start the new year. Some of the higher acid fats were reported lower out of the Australian market, and tallow indications were lower out of New Zealand this week. Most sources indicted strong demand for the first and second quarters from the renewable sector, but limited trading over the last couple of weeks due to downtime at meat processors in both Australia and New Zealand.
…