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 Recap
Soybean futures finished higher on a weekly basis for the second consecutive week. They have also closed higher for seven of the past eight weeks, as prices continue to break out to the upside. The May futures contract closed at 9.87, adding 31 cents per bushel this week, which follows the prior weeks’ 39-cent increase. May futures…