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.
The market was very quiet to close out the week. Yellow grease trading was reported in a wide range between late yesterday and today, $0.2650 – 0.2800 FOB.
Tallow Prices Drop Ending a 6-month Uptrend
Tallow prices moved lower, ticking down for the first time since February, as prices descreased by nearly 3%. Tallow has been on an uphill ride over the past 6-months, climbing by more than 18%, from 30.50 to 36.0, but finally…