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.
Friday Early Publication Hours in Effect — Friday’s Trade Reporting Deadline 2 p.m. CST
Friday publication hours are in effect. The deadline for trade reporting will be at 2 p.m. CST with publication of the Hide & Leather Price Guide/Commentary soon after.
Today’s Market
The market is stable to higher, with Heavy Native Dairy Steers moving up $2, Heavy Texas Steers increasing $1.25, Branded Steers keeping steady at $19 and light weight Colorado Branded Steers increasing $1.50. There has been more interest from China, Korea, Thailand and Europe, but sellers are keeping prices consistent within the week’s ranges.
[HIDE-SALES]
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