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...
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The market remained rangebound for the day with participants noting a light test of the day. For the week ending July 31st, 2021, hog slaughter is anticipated to be around 2.330 million head. This would be very similar from the previous week’s slaughter, a 1 percent decline from 2019, and an 8.2 percent drop from last year. Slaughter line movement continues to be regulated, slowing some locations and limiting the availability for porcine related items in the market.
According…