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...
ANIMAL PROTEINS
The week has gone by quickly and as it closes lower MBM prices are being seen. Ruminant MBM in the Midwest is now quoted at $315 to $335 while in the Panhandle the only trade was at $320 for small volume.
Pork MBM prices also showed signs of sliding lower with trades today from as low as $320 to $360 FOB Midwest origins with most of the trading near the top end of the range.
One truck of pork blood traded at $850…