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...
Trading was steady this week with action seen at $2.10 and $2.20 out of the North American market and €1,62 reported out of the EU market. Hog kills continue at a strong rate in the US with well over 450,000 head going through the slaughterhouses on a daily basis. Chinese slaughter has been reported as very strong as well.
Table 1.
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