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 – Ethanol production 7th highest weekly average on record
According to the EIA’s Weekly Petroleum Status Report, ethanol production held steady in the latest week, declining by a mere 3,000 barrels to a 984,000 b/d average, hitting the 7th highest production rate on record in the process. Stocks fell 0.51% and gasoline demand declined by 1.3%. Ethanol imports held at zero for the twelfth straight week. The slight…