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 soybean prices are steady but remain bid as imported organic soybean meal prices have edged higher lifting domestic organic whole bean prices. Bids on organic soybean are seen near $18, with offers coming in near $18.75. Imported organic soybean meal prices have edged toward the $770 value level.
Organic soybean imports slipped in December per The Jacobsen’s estimate. This comes after a robust increase in…