Heating Oil and Crude at Pandemic Highs
Biodiesel RIN values seem to be lagging the move in the bean oil/heating oil spread (BOHO) by a day or so. The 2020 biodiesel RIN was up about three percent or three cents last week, ending the week at 97.5 cents. The BOHO spread fell 3.3 percent or nearly five cents to $1.37 per gallon. Today, the 2020 biodiesel RINs slipped 2.5…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...