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 market was quiet to close out the week with no changes reported. Again, the negative tone hangs heavy over a number of products with heavy supply meeting a demand side that can’t or won’t absorb much more material. Stories of under the table trading have been ubiquitous this week a sign that lower prices will continue for the short term. The exceptions to the continued bear market may be the bloodmeal market, which should start to see the low prices cure low…