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...
The International Market
Argentina
Wet Salted hide prices are down between 3-5 cents per kg and Buenos Aires Province Steer hides are trading at about US$1.65-$1.69 FOB plant from $1.70-$1.72 per kg last week. Argentine prices keep moving downward due to lower demand plus price adjustments (reductions) from foreign crust and finished leather buyers. The weak Euro continues to complicate tanners’ business operations in South…