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...
Crude palm oil prices are consolidating Thursday after pushing below weekly support levels as a strong recovery in Malaysia’s crude palm oil production in March and April, are weighing on price action. Forecasts for output in the No.2 grower are expected to surge 18 percent in March from a month ago to 1.32 million tonnes which would be its first rise since August. The pick up in output is expected to overtake…