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...
Steer hide prices are under pressure, dropping $0.50-$2 on particular items. Interest for cow hides continues, driven by the upholstery leather market. A few auto manufacturers have shut down due to short supply of microchips. This has caused a slowdown for the auto tanners as well. Fed Branded Cows traded at a slight decrease from two weeks ago with 64/68 lbs. trading at $20.50.
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