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 mostly steady today in the protein market.
Weakness continues to build in the blood meal markets with heavy kills pumping plenty of supply into the market. In the past the Midwestern porcine bloodmeal market has seen a December increase, trading up from November in five of the last six years. Current momentum in the market would suggest that the trend of higher prices in Dec…