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 market continues to move sideways, balanced with enough demand to keep hides moving each week and maintain reasonable forward-sold positions, but not enough to push prices higher. Early offerings are about the same as last week in terms of volume and prices with the balance today expected to be similar. While steer offerings were steady, severel cow offers were $1 to $2 below last week’s levels.
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