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...
Organic corn prices in the north east of the US and Canada are continuing to ease. A recent report transaction slipped below the $300 per short-ton level for spot organic corn (#2 or better) according to merchandisers. At $8.26 per bushel in the north east of the United States and Canada, it puts prices near the $6.25/$6.50 level in the mid-west picked up. Farmers cannot be happy with this continued decline of organic corn prices, but with conventional corn near $3.25 per bushel, organic prices continue to remain profitable.
In a recent