BOHO Spread Softens with Lower Soybean Oil

BOHO Spread Softens with Lower Soybean Oil

 

Daily Charts 

 

Biomass-Based Diesel RINs Hold Ground

The 2020 biodiesel RIN (B20) gained fifty cents, pushing to a 79.50 bid versus an 80 offer at the end of the day.  The B20 RIN traded at 79.50 while the B19 and B21 finished unchanged. Ethanol RINs also finished the day where they left off on Friday. 

Soybean oil and heating oil, the two components in the bean oil/heating oil spread (BOHO), finished the day lower.  Heating oil followed crude lower, slipping nearly four cents to $1.16 per gallon.  Soybean oil saw a steeper decline, falling 2.5 percent or 85 ticks to 33.16 cents per pound for November delivery. The larger decline in soybean oil allowed the BOHO to edge 2.6 cents lower to $1.28 per gallon. 

California’s LCFS credit continues to quietly hold in the min $190’s. There is a myriad of factors that affect the…

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06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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