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...
The US is voting today, and the electorate will choose the next President, as well as congressional seats in some 34 states. For many years, polling was a reliable barometer of the election, and analysts were able to predict outcomes on election nights, before the West Coast went to sleep, and sometimes, the East Coast. Then Bush v. Gore happened, when SCOTUS settled a contentious recount in Florida, in favor of George W. Bush. In the middle of December. Hemp prices, or hemp markets, are unlikely to experience added volatility, regardless of the outcomes.
In 2016, we witnessed even more drama, as underdog Trump defied polling to become the 45th POTUS. Since then, we’ve learned just how sophisticated modern campaigns can be. Social media amplifies candidate’s messages, and elicits an emotional response from the populace, or base, resulting in far…