Biodiesel Market

Heating oil and soybean oil prices moved lower today.  Soybean oil prices dropped 18 ticks to 31.42 cents per pound and appear poised to test the yearly low of 30.86.  Heating oil prices fell a penny to $1.55 per gallon. The drop in both HO and SBO offset one another in their effect on the BOHO spread, leaving the spread at 76 cents per gallon.  

Biodiesel RIN values remain locked and trading just over a dollar.  Today,…