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...
Weekly Recap
Soybean futures closed higher on a weekly basis for a second consecutive week and are up nearly four percent in value over that period. May futures gained 19 cents per bushel with the July future advancing 20.5 cents. Logistical concerns facing Brazil and Argentina have helped to underpin prices. Friday’s Commitment of…