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...
Soybean Crush Central Illinois
The soybean crush margin edged lower on weaker ethanol prices and slightly higher soybean cost. Soybean prices increased 4 cents to $10.24 per bushel, soybean oil prices fell 1.4% lower to 36.24 cents per pound, and meal prices increased $2.80 to 321 per ton. The value received from oil and meal sales, per bushel of soybeans…