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...
**Please note — The Jacobsen will be closed Monday, Jan 1 for the New Year. Ryan Capozziello is out today and will return on Tuesday January 2.**
Most CME grain prices were on a downward trend on Friday ahead of the New Year weekend. March wheat dropped $0.035, closing at $6.28/bu. January soybeans decreased $0.1175, settling at $12.935/bu. Additionally, January soymeal dropped $7.00, closing at $386.00/st, and March corn fell by $0.0300 to $4.71/bu.
Weekly Export Sales – Released December 29, 2023
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