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...
Animal proteins were mostly unchanged for the day. Supportive tones continue to be communicated from market sources due to lightened slaughter and active demand.
For week ending March 23, broiler slaughter is anticipated to be 164.127 million head, half a percent down from 2023 for the respective week and the previous week, individually. Over the next six weeks, broiler slaughter is projected to average 163.276 million head per week, 1.0 percent lower than 2023. (Fig. 1)
…