Biodiesel Activity

The 2015 biodiesel RIN’s have been on life support for the past couple of months as we have watched prices slowly decay from the 90 cent level to where they presently sit, in the mid-60 cents range. During the same time frame the BO-HO spread has climbed. Not a pretty picture from a production outlook. Today, B15’s hit their lowest level since December 10^th 2014. Back then the BO-HO spread was at a more manageable 28 cents per gallon….