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...
USDA Soybean Crush
The USDA’s September crush data was in line with the data NOPA had reported and off to a very strong start for the new crop season. Per the USDA, 169,251,067 bushels of beans were crushed during the month of September. This resulted in 1.937 billion pounds of oil and 3.732 million tons of meal. The…