04.23.2024
Rising BOHO spread spurs RIN values higher
Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...
Market Activity
Ruminant MBM traded between $375 – 385 FOB Mo. River this afternoon with the majority of trading done at the $380 mark. Trading was reported down into the Eastern market, as low as $450 delivered.
Porcine MBM was quiet today, but the big drops in porcine blood that some have been suggesting for the last week are beginning to show up. Trading was done at $925 and $1110 this afternoon. Many have suggested that anything over $1000 is an extremely tough…