Biodiesel Market

Heating oil prices climbed 2.3 cents to 1.476 per gallon, taking some of the pressure off rising soybean oil prices, which are up nearly 100 ticks or a penny a pound over the past two days.  The run up in soybean oil prices has elevated the BOHO from the mid-90 cents range to just over a dollar per gallon.  Today’s move higher in HO values pulled the BOHO back to $1 per gallon.

RINs offered a somewhat delayed and muted response to…