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...
Weekly Export Sales
Soybean export sales hit a 2018/19 marketing year high as China reentered the market. Export sales jumped 273 percent for the combined crop years, while old crop sales were 258 percent higher at 2.84 million metric tons. New crop sales climbed 124.8 thousand metric tons (TMT) to 127.8 TMT. Old crop sales are 279 percent over the prior 4-week average of 748.1…