Biodiesel Market

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…