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 Dow gave up nearly all the gains made over the past week as the Index closed just over 600 points lower to start the week. Crude closed below $60 per barrel for the first time sine Feb 13, 2018, settling at $59.93. Heating oil also continued to churn lower, closing at 2.1556 per gallon, its lowest level since August 21. Soybean oil prices edged 9 ticks…