04.23.2024
Rising BOHO spread spurs RIN values higher
Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...
The market continues to drift mostly sideways this week with supply and demand offsets holding prices steady and volume slightly below normal. Slaughter this week and last is above average with last week being the highest for the year at 581,000 head. The next two weeks, however kills will be down to three and a half or four days for the Christmas and New Year’s holidays. Demand in general is a little down with buyers done purchasing for…