11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
There was heavy action in the Chicago tallow market today with seven cars of BFT traded at $0.2800 Chicago and three cars of edible traded at $0.2900, also Chicago. Two cars, too small of a quantity to hit the price guide, traded at $0.2775 Chicago.
Choice white grease was quiet this morning out of the both the River and Chicago markets. The YG markets were mostly queiet, but there was some light trading reported out of the IL market at $0.2450. Corn oil…