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...
The protein market was very quiet to close out the week with no changes reported. Cattle slaughter did see lower number this week as mid-week snow slowed some production and kept slaughter below the 600,000 head mark for the second straight week. The slow down could tighten up the markets enough to give sellers some leverage to push prices higher. Again, MBM prices are very favorable to bean meal at the moment but demand has not been strong enough to move the market…