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...
There was very little action in the fat market today. Sources reported good interest for June material from oleochemical, but there weren’t any volumes disclosed as this was more of a reflection of the week on a quiet Friday. Both the YG and CWG markets were steady, but sources have reported that material in the NE is getting heavy. It wouldn’t be surprising to see that market consolidate towards the bottom end of the range over the next couple of weeks.
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