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 closed sharply lower as weather perceptions worked to bring pricing down. The August and September futures contracts crumbled 51.50 and 53.75 cents per bushel, ending the week at $9.49¼ and $9.52¼. Soybean crop conditions improved in both the good/ex category and the poor/very poor. Crop conditions are…