US November soybean crush falls below expectations
On Monday December 16, the National Oilseed Processors Association (NOPA) reported the November soybean crush of 193.185 million bushels....
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US soybean oil prices continue to collapse amid BTC, 45Z uncertainty
Prices for US soybean oil continued to collapse this week ahead of the expiration of the Blenders’ Tax Credit (BTC) and an ongoing lack of guidance on its replacement, the 45Z Clean Fuel Production Credit (CFPC).
At the closing bell on Wednesday, January soybean oil futures in Chicago ended below $0.4000 per lb at $0.3955 per lb — the lowest level for a nearby contract since August 15. The contract was down by $0.0107 per lb, or 2.6%, from a settlement of $0.4062...
