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...
Cattle slaughter finished last week at a strong 665,000 head, up 3.2 percent from a year ago and up 2.2 percent relative to the week prior. Slaughter is forecast to move lower over the next six weeks. This week, slaughter is projected out at 650,000 head, up 0.3 percent from last year and down 2.3 percent from last week. Over the next six weeks, slaughter is forecast at an average of 640,000 head, down an average of 0.6 percent from the prior six weeks. The tighter…