45z guidance fails to appear; government scrambles to pass spending bill

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45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will begin shutting down and this could lead to a continued lack of government guidance for the biofuel industry.

Expectations were high for 45z guidance today, but that did not happen. “We did not get the 45z regulation that was supposed to come out today. Instead, it will be sub-regulatory guidance, which means it will...

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US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with...

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas...

Sausage casings bulletin, December 20, 2024

Sausage casings bulletin, December 20, 2024

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US grain futures close strong ahead of weekend

US grain futures close strong ahead of weekend

Most grain prices on the Chicago Mercantile Exchange rose on Friday December 20. The January soybean futures contract jumped...

US hides market slows ahead of holidays; lower bids, declining dairy cow hide prices

US hides market slows ahead of holidays; lower bids, declining dairy cow hide prices

By the end of the week ended Friday December 20, several sellers in the US hides market reported a...

Spot vegetable oil markets quiet, depressed amid 45Z uncertainty

Spot vegetable oil markets quiet, depressed amid 45Z uncertainty

US spot prices for vegetable oils closed the week on a quiet and depressed note on Friday December 20.

Organic market participants remain ambivalent following latest Fed rate cut

Organic market participants remain ambivalent following latest Fed rate cut

The key driver for organic corn and soybean consumption in the US is organic poultry production. As noted in last...

US domestic biodiesel blending falls 10% in November, leads renewable fuel production lower

US domestic biodiesel blending falls 10% in November, leads renewable fuel production lower

US domestic biodiesel blending fell by 10% in November, helping drag overall biofuel blending 6% below October blending, according...

Blog

12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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