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 or at 331.276.8227 or [email protected] with any questions, comments or trading.
Today’s Market
There were more trades reported today with most at lower levels. Heavy native steer sales were reported higher. There continue to be reports of improved demand from the automotive sector.
[HIDE-SALES]
The Federal Reserve Economic Data released retail shoe sales for May. Sales were up to 1.4…