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 Jacobsen is seeing a wide range of price for organic soybean meal. While domestic prices remain near $770 per short ton, there is a lot of fluctuation in the price of imports. The Jacobsen has heard prices as low at $700 in the mid-west for imports with June delivery. Organic soybean meal prices at the port of Baltimore are quoted near $690 per short ton, with FOB India near $655 per metric ton. Most of these prices are for 48% protein and imports at Baltimore do not…