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
January Soybean futures continued their alternating pattern of movement by dropping 4.3%, or 45 cents per bushel over the past week. There were no up days; all activity in the futures market was lower. Exports sales, week over week were steady but 26% below their prior four-week average. Total commitments for the season are 88% of the USDA forecast. Favorable growing conditions in South America continue…