The soybean oil/heating oil (BOHO) spread moved to a five-week high in the week to Friday August 30 on stronger soybean oil futures and lower ultra-low sulfur diesel (ULSD) prices. The BOHO spread is often used as a measure of profitability in biodiesel and renewable diesel production when soybean oil is used as the feedstock.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...