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.
Hemp advocacy organization U.S. Hemp Roundtable reports that the Safe and Fair Enforcement Regulation (SAFER) Banking Act may be set for a breakthrough. Rep Blaine Luetkemeyer (R-MO) told Politico this week that legislators have worked on SAFER Banking for the last 6 months.
Luetkemeyer and his cohort have been sending the bill back and forth and sent another approved version to the Senate last week. “We’re down to just the last few words,” Luetkemeyer said. “I’m at a place I’m comfortable with. They’ve gotta get comfortable where I’m at.”
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