06/18/2025 Flip Flop

On the Grains
Good morning, December corn has managed to recover half of what it lost on Monday as we await something of substance on the 45Z. The Senate version of the 45Z biofuels bill reportedly does include a reduced tax credit of 20% for foreign-sourced feedstocks.  Why we are using taxpayers’ dollars to fund foreign-sourced feedstocks is beyond me. Both the House and Senate bills will be extended to 2031.