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.
Soybean Crush Central Illinois
The soybean crush margin narrowed during the past week, falling 6.6% to $1.26 per bushel. Soybean oil prices held steady week over week, while the value received from meal sales and the cost of soybeans both moved lower. The value received from oil and meal sales, per bushel of soybeans crushed decreased from $10.96…