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...
UCOME and TME prices were up slightly in the EU market as were Cat 1 tallow prices and UCO. Tallow prices were quoted in the range of 410 – 420€ DDP, while UCO prices vary depending on destination. Values into most EU markets were 600 – 620€ DDP. Cat 3 tallow prices were unchanged from last week. The Euro fell further against the dollar with values at $1.0631 this morning.
Australian values were…