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.
Ruminant MBM traded steady out of the Mo. River market and Panhandle markets this afternoon. Sources have reported that improved interest from the broiler industry is keeping the market firm. Values into the East and AL/GA markets are unchanged, but offers were heard higher by $10 – 15.
Porcine trading was steady out of the Mo. River market today. Sources in that market are reporting steady market dynamics, good demand meeting steady supply.
Feather…