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 was up out of the Mo. River market, $200 – 225 FOB. Trading was reported steady out of the Panhandle, $170 – 190. Trading into the AL/GA and Eastern markets were reported lower today.
Porcine MBM was done $200 – 220 FOB Mo. River this afternoon and $205 – 220 FOB Eastern IA/IL.
Porcine bloodmeal trading was up out of the Midwest, $600 – 675.
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