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 — The Jacobsen will close trade for the bulletin on Friday, Dec 29th at 1pm CT and publish shortly thereafter. There will be no reports on Monday, Jan 1st.**
A few packers released their offer lists this morning, with some hides available for January or February shipment. The hides available with prompt shipment were for mainly branded hide selections.
More offer lists are expected to be released tonight, which may spark more demand if buyers find the prices attractive. The market remains relatively calm ahead of the New Year’s holiday.
Cured and Wet Blue Export Shipments by Selected Countries — Through December 14