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...
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Cash indications on crude corn oil in the Midwest eased about 100 basis points on the week to 66-67 cts/lb. Mississippi Valley cottonseed oil (PBSY) was still pegged at 74 cents per pound. Basis on crude-degummed (CD) soybean oil in central Illinois edged down to 4.75 cents, from 5 cents previously.
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