Biodiesel Market

The BOHO spread remains a tortured commodity, knocked about by the whims of either soybean oil or heating oil, sometimes both.  What was starting to look good only two weeks ago, the BOHO at 76 cents with RINs at 104, looks a whole lot worse today – BOHO 94, RINs 104.  There is definitely a disconnect between RIN prices and the BOHO.  It was a rough week for the spread as lower HO prices and stronger feedstock costs caused the BOHO to…