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...
Ruminant MBM prices firmed out of the Mo. River market today, $235 – 260 and traded lower FOB PH at $230 -260. Trading into the East was reported as high as $325. Sources have reported that demand is strong, particularly from the blend sector. Buyers are paying up in order to secure material in a short, holiday week and it wouldn’t be surprising to see higher values by the end of the week.
Cattle kills continue to be strong with 118,000 head estimated for…