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...
Biomass based diesel production 90.59 mil gallons for January; December’s total revised higher
The January EMTS data was released, evidently later in the day, as there was not much chatter regarding it among traders. January production is down 42.6% from December, but is slightly higher then the 87.79 million gallons that ushered in 2014. The drop from December is not a surprise, as the tax credit disappeared after being revived in mid-month. Not to…