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
August Soybean futures moved higher for the first time in five weeks, gaining 28¼ cents per bushel or 2.9%, while the Sep contract moved 22¼ cents higher or 2.33%. The bean basis in the cash market switched to changing off the November futures contract for most markets, but remained relatively stable. Soybean exports were down sharply due in…