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.
With the exception of the edible tallow market, the market was fairly quiet again today with not a great deal of trading reported. CWG trading was done at steady levels out of the Mo. River market, $0.2450 – 0.2550 this afternoon. YG out of the Mo. River was reported as steady, IL trading was done in the $0.2350 – 0.2400 range today and late yesterday.
Poultry fat was mostly sideways with steady reports in all but the AL/GA market, which saw product trade up…