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...
Trading was quiet to start the week.
Hog slaughter finished last week at an estimated 2.6 million head, up 1.5% from the week prior and 4.5% from the same week in 2017. Slaughter is expected to take a big drop next for the Thanksgiving holiday, but will return to big numbers heading into late December. Post-Thanksgiving kills are forecast to average 2.58 million head per week. Strong export demand from Mexico will help ameliorate some of the…