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.
**Please Note** Lexi Watts will be out of the office through Friday, July 31st. In her absence, please contact Ryan Standard at 331.276.8227 or [email protected] with any questions, comments or trading.
Today’s Market
Prices were steady today with no major changes reported. Demand from the auto sector has improved over the last few weeks, which has been supportive of the top end of the steer market.
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