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 Meal Remains Weak as Key Support Level Looms
Soy meal prices were on the defensive again on Tuesday following a decline Monday as traders returned from the long Holiday weekend. The dollar gain traction which in turn help erode confidence of bean meal traders. Hedge fund traders had recently added to long positions in futures and options according to the latest industry report.
The US Department of Agriculture’s Prospective…