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...
Hog slaughter finished last week at an estimated 2.325 million head, down 2.5 percent from year ago levels and 3.4 percent from the week prior. The next six weeks are forecast at an average of 2.379 million head per week, down 10 percent from the prior six week average and up 1.6 percent compared to year ago levels. At present, the week per head capacity of downtime in the hog market is just shy of 30,000 head per week. The lower production numbers and…
Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!