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...
US hides are seeing a rally for cheaper material, in particular steers and dairy cows. Packers have reported continued interest on branded steers (BS) and heavy Texas steers (HTS), but no price updates on HTS have been reported. BS traded sideways today, with the average of $24.50 remaining unchanged. Korean buyers are expected to be open for offers tonight.
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