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...
Cattle Slaughter Forecast to Move Higher
Protein trading was mostly quiet today. The Eastern MBM market did move higher on trading done late Friday.
Cattle slaughter is projected to increase at the end of April after touching near term lows last week, and for the next two. Slaughter finished last week at an estimated 633,000 head, up 4 percent from last year and 1 percent from the week prior. This week and next are forecast out at 620,000 head….