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 hide market hasn’t seen much activity this week after last week’s good round of business. Most suppliers tried to increase prices but found sales more difficult as buyers seemed to either have enough hides or weren’t willing to pay more money.
The market in Europe is stable with sources reporting a pick-up in buyers’ interest. With the Euro trading in the range of US$1.13, many buyers are seeing European hides as more affordable…