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...
NOPA November Crush Report
Tore Alden
NOPA estimated November crush among its member companies totaled 163.5 million bushels, which was a record for the month and slightly above market expectations of 163.2 million bushels. The total was 2.3 million bushels above the previous record for November, 696,000 bushels below last month’s total and 2.8 million bushels above last year’s 160.8 million bushels. Assuming NOPA represents about 94 percent…