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 distillers’ corn oil (DCO) market was quiet in terms of reported volume, but sources said that it was “moving under 40” in reference to the FOB values for the truck markets.
US ethanol production was estimated at an average of 954,000 barrels per day for the week to Friday April 19, according to the US Energy Information Administration’s (EIA) Weekly Petroleum Status Report released on Wednesday. The estimate was down by 29,000 barrels per day from the week prior.
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