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...
Soybean Crush Central Illinois
The estimated crush margin fell 3% or 8 cents per bushel over the past week and has moved lower five out of the past six weeks. Soybean prices dropped 2 cents per bushel but were more than offset by the 1.8% drop in soybean oil values. SBO appears to be consolidating and if unable to hold current levels, could retest recent lows for the year at 29.32 cents per pound. Soybean meal prices were fractionally higher….