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...
Early US hide offer prices are mostly steady to last week, but much of the major producer material is yet to be proffered. The week started out on the slower side with a few tanners kicking tires and very limited sales reports. Prices on the few trades reported included weekend carry over and are from steady to $0.50 lower. While leather business has not shown any signs of improvement, interest for quality material is expected to continue.
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