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...
Australia
Kill numbers remain high, almost hitting 170,000 last week for all of Australia. West Coast slaughter (Queensland, New South Wales, Victoria & South Australia) was at 161,444 from 159,581 the week prior. Kill the same week last year was 132,557. Good US economic news has prompted Australian currency to fall below 77 cents, helping exporters. This has not significantly helped meat demand which remains weak as…