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 – Margin Moves Lower As Revnue Slides and Soybean Costs Increases
The estimated crush margin fell 19 percent this week as soybean costs increased while revenue declined. Revenue from soybean meal sales decreased 5.3 percent over the week. Fortunately, oil values increased 4.5 percent, offsetting some of the overall impact. The value received from oil and meal sales per bushel of…