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 holding steady, but there is little appetite to purchase. Prices have eased on the coasts and the Midwest, but few transactions are taking place. Our impression is that there was a sizeable carryover that was equal to the prior marketing year of more than four million bushels. With robust yields for new crop, there will be continued downward price pressure on organic corn.
…