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 kept their weekly streak alive, closing higher for a fifth consecutive week. They have closed higher for ten of the past eleven weeks. The July futures contract closed at 10.65, adding 30¼ cents per bushel, revving the engine back to the 30+ cent increase level seen recently prior to last week’s pause. Soybeans…