US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high
The US animal fats and oils markets was steady on Wednesday November 27, as...
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Regional biodiesel prices stable amid low buying, selling interest
Regional biodiesel prices were stable on Wednesday November 27 amid low buying and selling interest.
Biofuel markets in general have slowed ahead of the implementation of the Clean Fuel Production Credit (CFPC) on January 1, 2025. The CFPC will replace the Blender’s Tax Credit.
In addition to reducing the available credit for many US producers, the CFPC cannot be earned by foreign producers. Across the biofuels, reduced imports could have a huge effect on markets.
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