09.20.2024
BOHO spread reaches two-month high
The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...
**Please note – Chloe Krimmel will be out of the office until Monday, September 25th. In her absence, please contact Ryan Standard at [email protected].**
Trading was very quiet today with no changes reported. Sources continue to hint at some potential negativity in the market based on seasonal trends tied to lower priced soybean meal and a projected increase in slaughter.
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