04.23.2024
Rising BOHO spread spurs RIN values higher
Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...
The standoff continued for most the US hide market with a small uptick for a few better grading steer selections and a slight decrease for a few of the lower level cow selections. The week also saw a decent improvement in the volume of bids spread out from a relative wide area for steer, but few for cow hides. Depending on source, demand from the river area was good and several suppliers noted particular popularity for butt branded steers and…