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 crush margin continues to move higher. Stronger meal prices helped to add 15.5% to the margin for the week ending May 5th. This comes on the heels of the margin rising 16% the week prior. The margin has not moved lower in any of the past 9 weeks and this correlates well with soybean meal futures surge higher. Meal prices have moved from a low of $260 per ton in the beginning of March to a recent high of…