11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
August 17
Shipments to slaughter totaled 1.07 million heads in July, showing an increase of 4% compared to June and 12% in the year-on-year comparison. However, considering the number of business days, measurement against same month 2016, shows an increase lower than 7%. Thus, July became the fifth consecutive month with year-on-year…