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, we will not publish a bulletin on Friday in observance of the Christmas Holiday. We will publish by noon on Thursday.**
Ruminant MBM traded up out of the Panhandle today, $210 FOB. Sellers in the Mo. River didn’t see prices as high with heavy trading reported, $175 – 200. The bulk of that trading was done towards the $175 end of the range. Ruminant sellers are competing with a heavily…