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.
The rising tide could lift all boats. The scramble to purchase grocery goods is boosting sales of organic food, including proteins like eggs and milk, as well as chicken and corn products. Over the weekend, the Food, ag and grocery industry execs held a conference call with President Trump. The topic was to discuss various food supply chain factors during the coronavirus outbreak. The companies are working with the federal government, as well as state and local leaders, to…