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 remains on the quiet side with suppliers doing their best to keep enough hides moving under pressure from unmotivated buyers. Prices on limited business are mixed with some close to last week’s trading levels and some trades reported $1 to $2 lower than previous sales. Most steer sales are reporting within the last week’s trading range, but a few lower-end steer and cow prices have edged down.
Market…