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...
The US hide prices dropped around a dollar and up to two dollars on some selections last week as buyers remained disciplined and continued pushing for lower prices. With lighter weights becoming more plentiful, an increased number of heifers were traded with packer HBH quoted from $52 to $53.50 and HNH from $54 to $56 FOB plant. Big packer HNS traded from $72 to $73, BBS from $69 to $70 and HTS at $66 with some down two dollars from previous…