The closing numbers
Biodiesel RIN trading volume was light throughout the week. B17 values edged two cents lower across the week to close at 106½. Ethanol RINs fell 2.25 cents with the E17’s closing just over 83 cents. With similar declines seen in both RIN vintages, the B17/E17 spread finished the week where it began, at 23 cents. The LCFS saw the…
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.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...