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
As the week is drawing to a close, MBM prices are trading at higher values. Ruminant traded at $355 – 370 this afternoon out of the Mo. River market and $370 FOB Panhandle. The porcine market was quiet.
Blood meal saw higher priced trading as well. Ruminant was reported at $850 out of the Mo. River market. Panhandle activity was done $825 – 850. Porcine continues to lag behind ruminant, primarily due to a lack of rail access. Trading was done at $800 FOB…