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.
November 16
Shipments to slaughter totaled 1.16 million head in October, marking a 9% increase over September and no less than 16% over the previous October. It is necessary to go back to mid-2013 to find inter-annual increases of this size. For the past three years, October had 21 working days each, so there is no need to make…