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 fairly quiet with a number of traders and market participants in Fort Worth, Texas for the 2015 National Biodiesel Conference. Ten cars of YG did trade out of the IL market at $0.2400 FOB yesterday. Trading today was reported lower out of the Mo. River market, but activity was quiet elsewhere.
A four car equivalent of CWG traded into the Chicago market at $0.2750. Mo. River action was quiet today. Sources continue to report weak demand from…