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...
Per the EIA’s Weekly Petroleum Status Report, average ethanol output climbed 21,000 b/d to a 1.07 million-barrel-per-day average during the week ending Nov 30, 2018. Despite reduced margins, production remains firm. Weekly production is up two percent from last week but 3.5% below what was seen during the same week last year. DDGS output increased two percent, averaging…