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...
Please Note – Chloe Krimmel will be out of the office until Monday, March 11. In her absence, please contact Ryan Standard.
Trading was very quiet today with trade reports falling within the previously set ranges.
For the week ending March 9, 2024, broiler slaughter is forecast at 164.625 million head, 1.2 percent lower than 2023 but 0.8 percent higher than the previous week. Over the next six weeks, broiler slaughter is projected to average 163.20 million head per week, 0.7 percent down from 2023.
Figure 1.
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