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...
USDA December Crush Data
The US Dept. of Agriculture’s (USDA) December crush data was in line with the data reported earlier by the National Oilseed Processors Association (NOPA) and set a new record high for crushing during the month of December. Per the USDA, 183.56 million bushels of beans were crushed during the month for soybean meal and oil. This resulted in 2.13 billion pounds of oil and 4.01 million tons of meal. The crush increased three percent…