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.
**To accommodate some requests from the industry, we will publish our Animal Proteins bulletin at 1 pm CT on Fridays through the summer (May 22nd through Sep 4th). We will begin our summer publication schedule next Friday.**
The protein market continues to see weakness with lower prices reported out of the IL market ruminant market. Pressure has been building, but a combination of heavy AI losses in the Midwest and a…