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 FUTURES FALL ALMOST ONE PERCENT ON TECHNICALLY-DRIVEN SELLING AND STRENGTH IN DOLLAR
Soybean futures fell for the second straight day on technically driven selling and concerns about growing world soybean inventories due to improving weather conditions in parts of Brazil. The decline drove the nearby contract below the psychologically important $9-per-bushel level for the first time since December 3,…