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
The market was fairly quiet today with not a great deal of trading reported. Yellow grease prices are higher out of the LA market with sources reporting good demand into the Imperial Valley. The SJV market dropped a ½ cent on the bottom, with reports that feed demand in Northern California remains poor.
BFT remains bid at $0.3000 Chicago for packer and renderer material, five cars of each.
CWG trading was done in a wider range today, $0.2600…