The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur diesel (ULSD) futures weakened.
Prices for renewable identification numbers (RINs) moved higher a day after data from the US Environmental Protection Agency (EPA) showed lower generation under the Renewable Fuel Standard (RFS) for the month of August.
D6 RINs were up by nearly 2 cents per RIN on the day at 60.75 cents per RIN and were at parity to the D4 price.
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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...