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 oil prices tumbled last week, slicing through support levels and printing a 6-year low. Estimates of soybean exports continue to rise. Although USDA projects U.S. soybean exports of 1.77 billion bushels for the 2014/15 marketing year, some think that figure could be even higher.
Hedge fund traders seem to have been off sides judging by the liquidation seen within the futures…