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 crush margin has moved higher in five out the past 6 weeks. Surging soybean oil prices had been at the forefront of the move. This week though, a readjustment in the crush yield is benefitting the margin. Up through the end of March the crush had been yielding 45.95 pounds of meal and 11.77 pounds of oil per bushel of beans crushed. Meal sells for significantly more than oil. This week the crush shifted…