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...
Please Note – Lexi Watts will be out of the office through Wednesday, June 9th. In her absence, please contact Ryan Standard at 331.276.8227 or [email protected] with any questions, comments or trading.
Outside of branded steers trading at steady prices the market was remarkably quiet today. Buyers and sellers continue to struggle with shipping issues. Offers are out from most packers and many are waiting to see what bids or confirmations come back overnight.
Tables 1 and 2 below show the total outstanding cured hide and wet blue export sales by selected countries through May 27. Through Week 21, the total outstanding sales are 4.774 million from…