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
There was a decent amount of trading done in the market today, but overall things were quiet with the AFIA kicking off in Orlando this week.
Three cars of tech tallow traded at $0.3200 Chicago this afternoon. There was a report of interest for BFT, both packer and renderer, at $0.3075 Chicago today, but there weren’t any offers heard. Sources continue to report the 30 day market as tight.
CWG trading was quiet this afternoon.
Poultry fat…