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...
Bean oil prices moved slightly higher during the trading session Monday, but continue to experience some volatility. Colder and wetter weather is expected to cover most of the mid-west over the next two weeks which helped prices gain some traction. The USDA’s crop report a week ago showed that beans conditions were worsening which sent prices higher during the latter half of last week. Hedge fund traders reduced short…