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.
The closing numbers
The 2017 AFOA conference had an interesting set of speakers addressing today’s biofuels market. Larry Schaffer and Shelby Neal addressed many of the macro variables, both political and geographical, facing the industry, while John Cusick of The Jacobsen directed those in attendance to focus on the impact of bio-crude refining by established by…