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…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...