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.
Soybean Crush Central Illinois
The soybean crush margin fell over the past week due largely to decreased revenue received on crude soybean oil sales. Crude bean oil prices fell 1.8%, or 58 points, to 32.46 cents per pound. Soybean meal prices were fractionally lower, down 20 cents per ton. The value received from oil and meal sales, per bushel…