Biodiesel Activity
The BO-HO (bean oil/heating oil spread) experienced some relief as soybean oil futures retreated and ULSD HO prices edged higher. The BO-HO fell 3 cents to 65 cents per gallon. The equity markets and crude oil appear to be happy that Iran and the powers that be have reached an agreement.
Biodiesel RIN’s remain week in a market that has a less than inviting…
01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...