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
US hide market sentiment is unchanged with a few people thinking that new leather orders for winter shoes will help improve hide sales. In the meantime, most people in the trade expect prices will continue to drift sideways with the possible exception that spreads tighten on natives and butts due to the downturn in auto leather forecast. Sources reported a few bids, although they expect a few tanners to wait to see the balance of offers before…