Biodiesel Market

Closing Comments

Biodiesel and Ethanol RINs closed in opposite directions after the first week of 2019.  Biodiesel 2018 and 2019 RIN years climbed nearly eight percent in value while their ethanol counterparts fell 13 percent and 14 percent respectively. The bean oil/heating oil spread closed lower on a weekly basis.  Stronger heating oil prices outpaced rising soybean oil values, which allowed the spread to…