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 with Meal Prices
The estimated crush margin dropped eight percent this week as meal prices tumbled. Fortunately, oil pricing remained relatively resilient, declining by only one percent. Up until this week, meal prices have enjoyed strong demand, reaching price levels not seen since mid 2019. The value received from oil and meal sales per bushel of soybeans crushed decreased from $10.67…