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
The market was very quiet this afternoon with little activity reported. There was some CWG done at steady prices FOB Mo. River with a few trucks traded as high as $0.2800.
Fat prices were up nearly across the board last week with improved demand and tight supplies lending themselves to higher prices. BFT saw big volumes trade last week in both the renderer and packer markets. With more of March coming into the picture, prices increased although there…