05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
Market Activity & Analysis
This week, the US hide market remains relatively slow with few buyers interested in following suppliers with higher asking prices. Like the past couple weeks, there was not a lot of material offered and most bids so far are steady and a few $1 below last week. Up to today, a limited number of sales have traded up from previous levels including packer HTS for $65, CBS for $57 and NHNDC for $60; however, the bulk of trading for the same…