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
The bottom side of the ruminant market was up $5 compared to yesterday at $180 FOB Mo. River. Trading outside of the Mo. River ruminant market was steady for both ruminant and porcine material. Feather meal action was higher, $380 – 390 FOB Minnesota. Overall, the market was very sideways. Sellers are reporting…