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...
Please Note
Friday Early Publication Hours in Effect — Friday’s Trade Reporting Deadline 12 p.m. CST
Friday publication hours are in effect. The deadline for trade reporting will be at 12 p.m. CST with publication of the Hide & Leather Price Guide/Commentary soon after.
Market Activity & Analysis
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending August 20, export sales for 2020 marketing year decreased 42 percent to 899,474 from 554,377 and shipments decreased 1 percent to 557,896 from 562,608. Sales for marketing year 2020 totaled 17,740,247—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 598,252, total export sales were 521,772 and total export shipments were 506,966.
Today’s Market