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...
Organic corn prices remain stable at $9.0/$9.25 (The Jacobsen picked up at the farm mid-west). The bottleneck that occurred on the east coast, which saw organic corn cargos diverted to Baltimore from Nagshead, seems to have been rectified. It appears that organic cracked corn is making its way into the US and although the quantity is not as large as last year, merchandisers report it is sizeable. The Jacobsen intelligence has heard that a vessel carrying organic cracked corn…