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...
A few early hide offerings suggest producers are prepared to resist sliding prices with prices mostly steady. Several sources report the volume of business last week was adequate considering the holiday and reduced hours of production.
Sources report there are a large number of bids today but many are much lower than suppliers are comfortable with. A small amount of early trading has moved prices within last…