Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks

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Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks

Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the Internal Revenue Service (IRS).

These rules outline the implementation of the 45Z tax credit, which replaces the $1-per-gallon Blenders Tax Credit that expired at the end of 2024.

The Treasury Department is requesting public comments by April 10.

The released guidance provides new clarity for transportation fuels seeking CFPC eligibility, with notable...

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Sausage casings bulletin, January 10, 2025

Sausage casings bulletin, January 10, 2025

Runner market commentary
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USDA cuts WASDE corn, soybean production

USDA cuts WASDE corn, soybean production

The USDA’s January release of the World Agricultural Supply and Demand Estimates (WASDE) report on Friday January 10 provided...

Hide price negotiations carry into weekend

Hide price negotiations carry into weekend

The hide market continued active negotiations with buyers in the week ended on Friday January 10, particularly in the...

US soybean oil futures spike on bullish WASDE ahead of 45Z guidance

US soybean oil futures spike on bullish WASDE ahead of 45Z guidance

Benchmark soybean oil futures rallied by more than 6% in the session on Friday January 10, propelling the March...

Organic feed prices remain stable; supply concerns persist

Organic feed prices remain stable; supply concerns persist

Organic feed markets continue to move at a holiday pace, with light overall demand. Larger traders have throttled down origination...

Additional 45z guidance expected on January 10

Additional 45z guidance expected on January 10

Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released...

Prices for US animal fats and oils unchanged; market tightness persists

Prices for US animal fats and oils unchanged; market tightness persists

The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active...

Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise

Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise

US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided,...

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03.03.2025

EASA releases EU SAF mandate penalty reference prices

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

03.03.2025

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

03.03.2025

Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico

Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico

Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...

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