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 Proteins bulletin Thursday by 2 pm CT.**
Ruminant MBM traded again in a wide range, $240 – 285 FOB Mo. River. Panhandle trading was quiet this afternoon. Trading into both the AL/GA and Eastern markets was reported as sideways. Porcine MBM trading was done $260 – 285 FOB Mo. River.
Pet food…