Biodiesel Activity

The Greek debt crisis continued to worry global oil concerns. WTI hit $50.75 a barrel, its lowest point since April, before rallying back to near unchanged. Soybean oil saw no such rebound as front month futures dropped 123 basis points to 31.41 cents per pound. This move sliced through trend line support and leaves the market poised to test recent support at 31.50 cents per pound. Heating oil futures finished fractionally higher and the BO-HO…