Markets Now Special: SAF Tax Credit Guidance Released Using GREET Model, but What Does it Mean?

Today the U.S. Treasury Department issued guidance on eligibility for the (SAF tax credit in the Inflation Reduction Act (IRA). What does it mean for the ethanol industry. Here’s Growth Energy’s response.

Today the U.S. Treasury Department issued guidance on eligibility for the Sustainable Aviation Fuel (SAF) tax credit enacted in Section 40B of the Inflation Reduction Act (IRA). What does it mean for the ethanol industry. Here’s Growth Energy’s response.

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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
The grain markets were sharply lower Thursday morning with soybeans seeing 30-cent losses on disappointment the China summit has not produced any agricultural purchase agreements.
Sam Hudson with Cornbelt Marketing says corn and soybeans were firmer on inflationary buying and optimism regarding the China summit. Cattle soared with higher cash.
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The U.S. House approved legislation to allow year-round sales of E15 gasoline nationwide, aiming to lower fuel prices while facing pushback over potential refinery costs and the impact on the national debt.
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