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...
OPTIMISM ABOUT RESOLUTION OF TRADE TENSIONS DRIVES WORLD OILSEED PRICES HIGHER
Soybean futures continued to rally on Friday, supported by optimism about a potential resolution to trade tensions between the United States and China. The buying drove the nearby contract almost one percent higher but gains in deferred contracts were smaller with the November 2019 contract up just a little more than 3/4 percent. For the week, the March contract…