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...
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same day at 44 cents per lb delivered US Gulf for July.
The USDA estimated hog slaughter at 2.406 million head for the week to Saturday May 4, up by 1.1% week on week but down by 1.9% year on year.
Fastmarkets research forecasts hog slaughter at 2.400 million head for the week ending May 11, up by 1.6% year on year.
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