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...
The US market calmed down last week with steer hides trading around steady with brands under performing natives and butts. The cow market was still firmer on tighter supply with a few suppliers reporting price increases of a dollar or two. HTS traded around $96 with a few trades a couple dollars higher and lower. Butts continued to be the most popular steer selection, selling as high as $105 but most trading in the range of $101 to $103…