Falling soybean oil prices and an uptick in heating oil values combined to take some additional pressure off the bean oil/heating oil spread. The BOHO dropped nearly five cents to 93.5 cents per gallon, painting a somewhat more rosy outlook on production and blending economics. Soybean oil prices dropped 42 points to 33.01 cents per pound while HO climbed nearly 2 cents to $1.49 per gallon.
Biodiesel RINs tried to continue…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...