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...
Crude glycerin values remain supported across much of the Midwest. However, the steady climb in value the market had been seeing over the past few weeks seems to be shifting as we move into the new year.
Several producers have limited biodiesel production recently. This has led to dip in supply. The market has seemed to accept the rise in price, at least intuitively. Both producers and brokers appear to be on the same page over the past few weeks. However, the perception of climbing prices might be mostly perception as some sellers are seeing the market run out of steam on the current price climb.
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