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 moved higher over the past week, partially offsetting the prior weekly decline. The estimated margin has closed higher on a weekly basis for the sixth time in seven weeks. Lower soybean costs and stronger oil revenue more than offset softness in meal values. The value received from oil…