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...
It was a fairly quiet market this afternoon with more posturing than trading. There is some interest for BFT at steady to perhaps higher prices in light volume, but no set bid out there today. Spot availability on the rendering side seems to be non-existent.
CWG traded in a wide range today, $0.2200 – 0.2500 FOB Mo. River. The Mo. River YG market traded lower, $0.2300 – 0.2400. Sources continue to report…