Rising soybean oil prices take BOHO spread to 5-week high

Rising soybean oil prices take BOHO spread to 5-week high

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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11.04.2024

US kosher crude glycerin prices edge higher on stronger demand

US kosher crude glycerin prices edge higher on stronger demand

Kosher crude glycerin prices in the US are currently underpinned by an integrated company in the agricultural supply chain and food processing sectors, several sources told Fastmarkets.

The...

11.04.2024

US animal fats markets quiet; cattle slaughter up slightly

US animal fats markets quiet; cattle slaughter up slightly

The US animal fats markets experienced a quiet start to the week on Monday November 4, with no changes observed throughout the day.

In other news, Fastmarkets’ research team forecasts...

11.04.2024

US meat meal production in September down year on year: USDA

US meat meal production in September down year on year: USDA

Trading was quiet in the US animal protein market on Monday November 4, with no price changes reported.

Hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.675...

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