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.
Organic milk demand is on the rise. Both the Agricultural Marketing Service (AMS) and The Jacobsen proprietary data show this is the case. According to the AMS, one of the largest U.S. organic cooperatives announced that organic milk demand is increasing across the country. The AMS reports that organic milk demand grew 11.3% in the last year and 8.4% in the past six months. This information compares to The Jacobsen retail organic milk sales data that shows that organic milk sales increased 10% year over year across the U.S. and was up by 8% year over year during the past 6-months.
According to The Jacobsen, organic milk products, such as organic yogurt, are also seeing an uptick in sales. Organic yogurt sales in the U.S. increased 8% year over year. The gains were evenly distributed over the year. During the first half of 2020, organic yogurt…