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.
Ruminant MBM traded lower out of the Mo. River, IL and Dal/Hou markets today. Buyers have reported increased availability of a number of protein products in the market. Porcine trading was fairly quiet but there was trading done as high as $325 in light volume out of the Mo. River market.
Bovine MBM values into China were up $10 compared to last week and trading Indonesia was up $10 as well. Sources have…