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 prices were lower out of the Panhandle today, $250 – 270 FOB. Trading was sideways out of the Mo. River market, but there was plenty of volume seen at the lower end of the range. AL/GA and Eastern trading moved lower and will likely see further decreases before the end of the week.
Feathermeal action was reported higher out of the AL/GA market, $470 and $540 – 560 Mid South. The Mid South market did see light volume move as low as $525 and as…