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...
Hide prices fell today for jumbo weight steer material, with spreads more in line with the regular and light weight material. At this point of the year, buyer concentration is more on leather orders than hide orders.
U.S. Export Sales & Shipments for Week Ending December 17
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending December 17, export sales for 2020 marketing year increased 53 percent to 285,499 from 186,525 and shipments decreased 11 percent to 444,291 from 499,173. Sales for marketing year 2020 totaled 25,441,106—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 613,461, total export sales were 498,845 and total export shipments were 514,651.
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