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 Update
According to sources, hide trading today was relatively quiet. There was one trade reported on Northern Branded Cows (NBC), which traded down $0.25/piece from last reported levels. Market participants noted a continued lack of demand for leather and lower supplies although activity seems to be picking up from automotive tanners.
Actual Slaughter by Classification
Table 1.
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