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 prices closed higher on a weekly basis for the first time in six weeks. July futures climbed 15 cents while Aug was up 14 cents per bushel. The gains erased about half of the prior week’s loss. Export activity was up 2% from the prior week and 67% more than the prior 4-week average for…