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
Ruminant MBM was mostly flat today, but trading did move up $2.50 out of the Mo. River market with trading done as high as $250. Indiana porcine trading was down by $5.
Strong poultry production in the Mid South market and in turn, plenty of raw material being rendered is putting a good amount of pet grade material in the market. Typically the market corrects lower this time of year and 2018 doesn’t look to be an exception. Prices were as low as $500 FOB Mid…