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 fairly quiet today with not a lot of action reported. Yellow grease did trade higher out of the NY and Illinois markets. CWG trading was reported steady FOB Mo. River.
Packer BFT was offered out at $0.3500 Chicago for the 30 day position as well as Sep and October. Sources reported that buyers were not willing to pull the trigger today.
The EIA released biodiesel production numbers yesterday afternoon. Production figures…