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 US hide market remained stuck in a holding pattern as hide offerings fail to prompt buyers into action. In China, it has been a slow week with a big lack of motivation from various tanners–some of whom are having problems opening up LCs for recent shipments. This is the major tone for the week despite the low slaughter.
While some people in the trade remain positive many express concerns the hide market may be weaker this spring…