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 very quiet to start the week with no action reported.
Cattle slaughter came in at an estimated 562,000 head last week, up 2.7% from the same week in 2017. Kills are forecast to increase steadily over the next six weeks as packers move the heavy number of animals in the feedlots through the slaughterhouses. Slaughter is estimated to run 4.3% ahead of the same time period in 2017 which is an average of 655,100 head per week through the week ending…