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 was up out of the Mo. River market, $200 – 225 FOB. Trading was reported steady out of the Panhandle, $170 – 190. Trading into the AL/GA and Eastern markets were reported lower today.
Porcine MBM was done $200 – 220 FOB Mo. River this afternoon and $205 – 220 FOB Eastern IA/IL.
Porcine bloodmeal trading was up out of the Midwest, $600 – 675.
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