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.
**Please note, the Chicago Lard price was corrected at 4:30 CT to $0.3450**
CWG traded in a narrow range out of the Mo. River today, $0.1675 – 0.1700 FOB. Trading in Chicago remains quiet after Tuesday’s $0.1900 trade.
Tallow was quiet today with no spot trading reported.
The yellow grease market saw activity at…