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...
Fastmarkets assessed the
The move in basis countered a slight uptick in futures prices on Tuesday. Fastmarkets’ price assessment for
CME May soybean oil futures ended the day at $0.4531 per lb, up by 27 basis points per lb or 0.6%, and July soybean oil futures closed at $0.4588 per lb, up by 22 basis points per lb or 0.5%.
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