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 OIL PRICES SETTLE HIGHER FOR FIFTH STRAIGHT DAY
Nearby soybean futures settled 4 3/4 cents higher, while nearby soybean meal futures gained $1.50 and nearby soybean oil futures rose 11 basis points on Tuesday. Soybean complex prices were supported by a combination of gains in Chinese soybean meal futures overnight and an Oil World article, which suggested China would import more soybeans from Argentina due to the…