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...
USDA REPORT FEATURES NO SIGNIFICANT CHANGES
In its December World Agricultural Supply and Demand Estimates (WASDE) report, USDA forecast 2018/19 US soybean ending stocks at 955 million bushels, which was unchanged from its November projection. In fact, other than a small change in its projected price of soybeans and the adoption Energy Information Administration (EIA) data for soybean oil usage in biofuel…