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...
Weekly Export Sales
Soybean export sales for the 2015/16 marketing year were 407.7 thousand metric tons (TMT), down 11% from last week but 4.6% more than the prior 4-week average. New crop sales were 339.7 TMT, up 329.1 TMT from the week prior and bringing total sales to 747.4 TMT. Combined season sales were up 60% and exceeded analyst expectations that ranged from 200 to…