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...
It came as no surprise activity that the US hide market would be quelled this week with the bulk of people in the trade away for the ACLE next week. Early reports from abroad suggest buyers are waiting until they see what everyone has to offer before pulling the trigger. The few sales have been mostly steers at steady to slightly higher on a couple of top packer steer selections. Even less cow and low-grade business is reported with prices…