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.
Uncertain Market Conditions Lead to Price Volatility
The renewable fuels sector, unlike other market sectors, is a fairly dysfunctional marketplace for producers. Many of the things other sectors take for granted, such as stability, government support, and a strong foundation on which to build are, at times, missing. Commodity markets like corn and soybeans become nervous when…