
The National Biodiesel Board urged Congress to pass a multiyear extension of the expired biodiesel and renewable diesel tax credit before the end of 2018. It cited the Brady tax package, which would keep the $1.00 per gallon credit through 2021 and then taper it to $0.033 by 2024.
Renewal of the credit would keep biodiesel margins and feedstock demand intact, supporting soybean oil prices, while failure to act leaves that demand at risk.
Setelah 842 peristiwa kebijakan bullish sebelumnya, Minyak Kedelai bergerak median +0,2% selama 5 sesi (52% lebih tinggi; separuh tengah -1,6% sampai +2,1%), dan -0,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.