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.
The poultry products have started to move up, which is a key for sellers throughout the country to get higher prices. Pet food grade PBM was reported higher across the board, $450 – 475 in the Southeast and $450 – 485 in both the Mid South and Midwestern markets. Feed grade prices were up by $20 in most markets.
Feather meal prices are up as well, anywhere from $5 in the Minnesota market to $25 out of the AL/GA market. Sources have reported that higher…