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
Tech tallow traded at $0.3625 Chicago this afternoon for 30 day shipment. Additional volume was reported outside of the Chicago market at a $0.3650 Chicago equivalent. Sources reported interest from buyers at $0.3300 for BFT, but as of press time no trading was reported in the 30 day window.
CWG trading was up a half cent, $0.2550 – 0.2650 Mo. River with some light volume seen as high as $0.2700. Yellow grease trading was higher out of the Mo. River and IL…