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 Recap
Soybean futures closed lower on a weekly basis, adding on to losses from the week prior. There was strong price support on Monday but this was erased with consistent selling pressure over the remainder of the week. November soybeans closed 10.75 cents per bushel lower and January finished 11.25 lower. Export activity fell 33%…