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 market closed the week on a fairly quiet note. Yellow grease was reported steady out of the NY market on 10 acid product, but there was some trading done for sub 5 acid product between $0.2700 – 0.2800. Short covering is helping keep the market firm as well as a few sales into end users. Illinois trading was done at $0.2600 this afternoon for 12 loads.
CWG traded steady out of the Mo. River market today. Sources have commented that the strong kills and…