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...
Organic corn prices are subdued and continue to have a difficult time gaining traction. Merchandisers are telling The Jacobsen that most of their clients are covered for the balance of 2020 and for Q1. Activity is light because farmers are unwilling to sell their organic corn for levels near $6 per bushel. Prices on the east coast remain stable near $305/$310 per short ton. Organic corn prices on the west coast are trading near $320-$330 per short ton.
Organic Weekly Egg Production Breaks Out
Organic weekly egg production has broken out to fresh all-time highs according to The Jacobsen. The rise in production comes in tandem with an uptick in the organic layer hen flock size. This increase in production appears to be…