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
Trading was very quiet today with the only activity reported being a load of porcine blood out of the Midwest at $900 FOB.
Ruminant MBM prices fell $7 from the prior week’s average on light trading last week. The ruminant market has been fairly consistent since the end of January with trading bouncing around the $361 – 369 range since the week ending January 30th. Porcine trading was up a $1 compared to the week prior and trading has also been…