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.
ANIMAL PROTEINS
The market for MBM is hardly trading and the ruminant that did trade today sold at what is the high end of the range, $220. Trades have been made down to $190 but for some reason have gone unreported.
The porcine MBM market too is mostly steady because the very limited trading that has take place.
One truck of ruminant blood meal did trade at $650 Fob Panhandle.
Below is the…