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 market was fairly quiet today, typical for an early summer Friday. There was some light trading reported on CWG out of the Mo. River market, $0.2675 in trucks. A couple of formula based cars were reported for BFT for July to round out the day’s action.
Yellow Grease Continues to Rise but Prices are Overbought
Yellow grease prices continue to climb, busting out, and driving the spread…