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.
Danone, parent company to the Horizon Organic brand has “suspended all sourcing of milk” from Texas organic milk supplier Lone Star Organic Dairy following a whistleblowers report released by PETA showed inhumane animal treatment at the dairy.
While the whistleblower’s report released by PETA is unlikely to have any meaningful effects on Danone, efforts by PETA to compel the USDA NOP to investigate Lone Star and revoke their certification if violations are substantiated is a significant threat to Lone Star Organic Dairy.
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