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 time is nearly here for the ACLE with the show starting this Wednesday, August 30, and going through Friday, September 2. Last week, the hide market held as more buyers and sellers met face to face ahead of the show. Hide prices were unchanged with HNS selling from $60 to $62, BBS from $56 to $57, HTS from $48 to $51.50 and CBS/BS within $1 or so of HTS prices. In the cow market, hides also traded at steady levels; however, a couple…