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...
Ethanol & DDGS Production – Daily DDGS output increases with the bounce in ethanol production
According to the EIA’s Weekly Petroleum Status Report, ethanol production increased by 10,000 barrels per day to a 969,000 b/d average. Despite an increase in gasoline demand, the jump in production pushed stocks higher. Ethanol imports remained at zero for the eighth straight week. The increase in ethanol production raised corn demand by 148,000 bushels to…