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
Ruminant MBM prices edged lower out of the Mo. River and Panhandle markets today with trading reported between $300 – 315 out of both locations. Trading elsewhere was quiet, but ruminant sellers were reporting pressure from extra porcine material in the market. Porcine trading was done as high as $345 this afternoon, up $15 from yesterday’s high.
Bloodmeal prices continue to firm with trading reported $800 – 835 FOB Mid Atlantic today on porcine material….