09.20.2024
BOHO spread reaches two-month high
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...
**Please note – Ryan Standard will be out of the office Monday, August 28th until Monday, September 11th. In his absence, please contact Amanda Luhavalja at [email protected] with any questions, comments, or trading.**
Trading was fairly quiet today with trading steady with the current range. Many are treading water while assessing the potential the impact from the fire at Diamond Green Diesel’s Norco facility on August 20th. The official statement is, “On Aug. 20, DGD 2 experienced a minor fire that was immediately extinguished. There were no injuries. Repairs are being made and we expect operations to resume in short order.”
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