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.
April 20
Argentinian slaughter continues steady.
Producers keep pushing prices downwards, which they achieve only on lower qualities, but not on the good ones.
Buenos Aires wet salted steers are still trading at about US$0.83 per kg.
Demand is unchanged from previous weeks.
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