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...
Market Activity
Trading was flat today with no changes reported. Porcine MBM appears to be well sold heading into February and sellers are asking higher prices, but thus far much of the action has been concentrated in the middle of the range out of the Midwestern markets.
Feather meal continues to see good demand from aquaculture, range block producers and organic fertilizer. Values were steady today, but appear to be running into a ceiling. Prices…