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.
Daily Charts
The National Oilseed Processors Association (NOPA) is expected to release October crush results next week. The October crush likely surged to the second highest monthly level on record due to strong margins and plentiful supply due to the ongoing harvest. According to Reuter’s estimates, 177.123…