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.
Ruminant MBM trading was done at $335- 345 this afternoon out of the Mo. River market and $320 – 365 FOB Panhandle. Trading out of the IL Renderer market was up $25 at $325 and the Dal/Hou market traded at $330.
Porcine MBM traded lower out of the Mo. River and Eastern IA/IL market today.
Porcine blood was reported at $1525 – 1600, but sellers in both the porcine and ruminant markets are starting to report…