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...
The past few weeks have seen in an increase in feedstock availability via some disasters at a number of renewable fuel plants and continued poor biodiesel margins. Yellow grease trading was done at $0.2150 – $0.2200 FOB out of the Mo. River today with Illinois offered at $0.2300. NY trading was done as low as $0.2150 again today. Trading into the Carolinas was reported at a flat $0.2400 delivered. The exception to the downward rule is the California markets, which…