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
The US hide market is still quiet as buyers wait to see the balance of offers overnight. On limited trading, early prices are consistent to previous levels. The requirement for shipments to leave before November 30 for arrival in China by December 31 has been a factor in some of the early business this week.
Outstanding Export Sales
The following chart shows the total outstanding cured hide and wet blue…