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...
Grain prices finished the week stronger despite Thursday’s sell off. Grain prices had limited follow through allow weekly prices remain near-term highs.  Soybean prices closed fractionally lower on Friday but at $14.05 per bushel they ended the week with a two percent gain.  Corn values saw a fractional gain in March futures pricing on Friday but a decline of two cents per bushel in May futures.  Corn prices closed the week at 5.55½ per bushel, two percent over last weeks close. Wheat prices saw the largest sell-off among the grains on Friday, falling 16.75 cents, or 2.5 percent.  Wheat prices ended the week at $6.55 per bushel, a gain of 0.65% across the week.