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Data from the University of Illinois show US biodiesel producers remained profitable in 2017 despite the expiration of the $1 per gallon biodiesel tax credit. The National Biodiesel Board said RIN prices and RFS volumes are driving the market, and it is urging Congress to reinstate the credit prospectively.
Continued profitability suggests biodiesel production and soybean oil demand can hold up without the tax credit, as long as RIN values hold. Reinstatement of the credit would be a further bullish factor for soybean oil.
brownfieldagnews.comMark Dorenkamp23 jun 2017Tras 196 eventos neutral de política pasados, Aceite de soja se movió una mediana de +0,1 % en 5 sesiones (52% al alza; mitad central entre -1,6 % y +2,0 %), y -0,5 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
