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 Crush Central Illinois – Margins Slide on Increased Soybean Cost
The estimated crush margin fell three percent this week as soybean costs increased at a faster rate than meal and oil values. Soybean meal values have had a very good run over the past two weeks and prices are at their best levels since mid 2019. The value received from oil and meal sales per bushel of soybeans crushed increased from $10.38 per bushel to…