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 as the USDA surprised the market by raising the harvest forecast. The market had been expecting the USDA to project the crop size lower. The August and September futures contracts fell 13.75 and 14.00 cents per bushel respectively, ending the week at $9.35½ and $9.38¼. Soybean crop conditions…