Despite the latest EMTS data showing a much needed surge in D4 production, B17 RIN’s had their best weekly showing since the first week of May. B17 RIN values climbed a robust 6 cents for the week, closing at 110. Intraday, the B17 RIN traded up to 113 before momentum subsided and bids fell back to 109. The B17’s closed at their highest level since December 21, 2016. Ethanol RINs did not follow or lead in this rally. …
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...