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Tax specialist Paul Neiffer: SAF ‘essentially worthless for most corn and soybean farmers’

Farmers can’t claim any carbon credits on crops sold to SAF producers | More modifications possible

Corn and soybeans faced mild followthrough selling during the overnight session. Wheat traded mostly lower overnight, though SRW wheat futures have firmed this morning.

After the Bell | April 30, 2024

Egyptian vessels delayed leaving Russia, Cordonnier lowers Argy soybean forecast and cash hogs post 3-day slide...

Wheat led weakness overnight though firmed into the break, soybeans eased from Monday’s gains and corn faced follow-through selling pressure.

Winter wheat markets and corn futures faced followthrough selling overnight, while soybeans mildly eased from Monday’s gains.

The HRW CCI rating is now 6.0 points under the final mark from last fall. The SRW CCI rating is 15.4 points above the final level ahead of dormancy.