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...
As key U.S. bulk ag commodities lose value, there are knock-on effects in organic markets. Producers looking to maximize their returns per acre may abandon plans for organic crops like soybeans, where a yield ceiling can make them less competitive than conventional beans. Soybean oil markets have contributed to declining prices across the entire soybean complex, both conventional and organic.
A growing market is developing at the southern border in the wake of Mexico’s GMO corn restrictions. State policy always has the potential to spawn massive markets, creating lasting demand for the products that ensure compliance. Mexican non-GMO markets could benefit U.S. farmers, but U.S. policy has been squarely against any restrictions on U.S. corn exports.
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