Sustained rebound in BOHO spread needed to firm up margins

Sustained rebound in BOHO spread needed to firm up margins

May delivery soybean oil futures settled at $0.4466 per lb, down by 65 basis points per lb or 1.43%. The July soybean oil contract ended the session at $0.4527 per lb, declining by 61 basis points per lb or 1.33%.

 

Soybean oil is the most widely used feedstock in biomass-based diesel production, accounting for 35% of monthly usage. However, that figure has fallen year on year from 50% due to the increased use of other low-carbon intensive feedstocks such as animal fats, oils and greases.

Imports of fats and oils have climbed to record highs, while exports have fallen sharply, creating more flexibility for renewable diesel (RD) producers in sourcing feedstocks. The increased availability of alternative feedstocks and a record flow of vegetable oil imports have created competition for soybean oil and pressured soybean oil prices.

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03.07.2025

Sausage casings bulletin, March 7, 2025

Sausage casings bulletin, March 7, 2025

Runner market commentary
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03.03.2025

EASA releases EU SAF mandate penalty reference prices

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

03.03.2025

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

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