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 kept their weekly streak alive, closing higher for the fourth consecutive week. They have closed higher for nine of the past ten weeks. The July futures contract closed at 10.34¾, adding 5 cents per bushel this week, a bit of a slow-down considering the 30+ cent increases seen in each of the previous three weekly…