Biodiesel Activity

Heating oil finished the day fractionally lower, but held strong at $1.49 per gallon for the week.  HO also finished the week at the same level it started it at. Soybean oil bounced higher heading into the long weekend. SBO gained 44 ticks to 31.48 cents per pound, 21 ticks higher than it began the week. Could this be a dead cat bounce for SBO?  Soybean oil stocks have increased on a monthly basis for each of the past 8 months and are…