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 soybean meal prices remain elevated, but prices could ease into the year-end. Prices have reduced slightly on the NCDEX, which might provide a temporary respite from the surge in organic soybean meal prices. Exporters are quoting organic soybean meal in India near $680 per metric ton with lower offers near $670 and the higher offers above $700. Shipping rates remain high on both coasts of the US. In the mid-west range, prices of organic soybean meal range from $870 for imports in the eastern mid-west to as high as $930 in the western-mid-west.
Organic Turkey Slaughter Takes a Tumble
As expected, the post-Turkey holiday has seen a reduction in organic Turkey slaughter following an extreme surge into the last week of November….