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...
Ruminant MBM prices edged lower this afternoon as sellers continue to face strong headwinds. The Mo. River market was off slightly, down $2 from yesterday’s high. The Panhandle was the exception to the rule with trading reported up s$12 from yesterday’s bottom. Trading out of Illinois and into the AL/GA market were both of $10.
Porcine trading was mostly steady, but the Mo. River market did trade in a tighter range, $340 – 350.
Blood meal prices…