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 higher on a weekly basis, which is the second higher weekly close in the past three-week period. May futures advanced 16.50 cents to 10.44¾ per bushel, while July was 16.25 cents higher at 10.55½. Soybean prices advanced 26.75 cents per bushel on Thursday, receiving the entire weekly upswing on Thursday,…