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Blog

RINs slowly follow BOHO spread lower

Alexandra Watts | 06.25.2024

The soybean oil/heating oil spread (BOHO) fell this week and Renewable Information Number (RINs) prices slowly followed. The BOHO measures the profitability for producing biodiesel from soybean oil. When the spread narrows, it often indicates improved production economics. RIN values tend to decline when the need to offset higher production subsides.

Over the past week, the BOHO spread has narrowed by 14% while RIN prices have declined by 1%, which is not in lockstep with the BOHO.

Soybean...

US animal fats and oils FOB markets move higher

Final decision on open consultation on methodology for animal fats: pricing notice
Fastmarkets invited feedback from the industry on the...

Major flooding in Iowa, Minnesota, South Dakota affects animals, logistics

Limited trade was reported for Tuesday June 25 on US domestic animal proteins. Most pricing levels remained within...

US corn enters silking phase while soybeans begin blooming

Chicago Mercantile Exchange grain prices fell on Tuesday June 25, with the July CME soybean futures contract decreasing by...

US hide export shipments drop below weekly, yearly levels

Hide trading in the US picked up on Tuesday June 25, although many sources continued to note sluggish demand.

Final decision on open consultation on methodology for RBD soybean oil Illinois

Fastmarkets invited feedback from the industry on the pricing methodology for soybean oil, refined, bleached and deodorized (RBD) Illinois, via...

Extreme weather threatens Midwestern organic crops

Organic producers are once again confronting extreme weather this growing season. Dry weather in parts of the corn belt...

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Glycerin prices held steady on Monday June 24, with producers and traders reporting little change to begin the week.

Cattle slaughter continues to lag 2022, 2023 levels

Six cars of technical tallow traded at 54 cents per lb Chicago on Monday June 24, and separately two...

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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Exchange rate: EUR/USD — $1.153

Resale European hog runner:
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06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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Blog

RINs slowly follow BOHO spread lower

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