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...
Hog slaughter finished last week at an estimated 2.6 million head, up 7.7 percent from a year ago levels. The slaughter is forecast to trend higher over the next six weeks, projected at 2.6 million head this week and to 2.68 million head on the week ending August 22nd. Over the next six weeks, hog slaughter is forecast at 8.6 percent above 2019 levels. The extra production is expected to add continued, negative price pressure to the choice white grease market. In addition to big slaughter numbers, some…