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.
**Please note,The Jacobsen will not publish a bulletin on Friday, April 14th in observance of the holiday. We will publish the Animal Fats bulletin tomorrow by 2 pm CT.**
Trading today was very quiet with little action reported. Sources reported action out of the IL, Mo. River and Carolinas YG markets as steady. CWG trading was off a quarter of a cent with loads reported between $0.2350 – 0.2450 in trucks.
Corn oil trading…