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...
Weekly Export Sales
Soybean export sales for the 2019/20 marketing year of 244.7 thousand metric tons (TMT), a marketing year low, were down 278.8 TMT from last week and 68 percent below the prior four-week average of 754 TMT. New crop sales totaled 60 TMT, lifting total sales to 304.7 TMT. Combined crop year sales were down 65 percent from last week and below analyst estimates that ranged from 350 to 900 TMT. 2019/20 export…