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...
Animal Fats – International
Fat values out of the Australian market are mostly unchanged this week with December tenders in progress. Poultry fat did move higher with trading reported AUS$880 – 920 ex works. Sellers are anticipating lower prices basis lower palm values in the coming weeks, but the drop is expected to be limited by tight, holiday-season production.
Tallow trading out of New Zealand saw a sharp drop and wide trading ranges over the last week. Cheaper palm and…