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...
Market Activity
Trading was very quiet today with no action reported. Pressure continues to mount on the ruminant MBM market with heavy cattle kills last week and more coming in the short term.
Hog Slaughter Outlook
Pork production slowed last week with 2.335 million head processed, the lowest weekly total since the week ending Jan 6. The lower figures were anticipated given the Easter Monday holiday for some…