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Blog

BOHO price spread narrows; RINs edge up

Alexandra Watts | 06.18.2024

The soybean oil/heating oil (BOHO) price spread narrowed in the week to Friday June 14, with heating oil prices gaining traction while soybean oil was little changed.

The BOHO spread fell by over 10% during the week, while D4 renewable identification number (RIN) prices rose by 2%.

D4 RIN prices are still down by almost 30% from the start of the year.

Soybean oil is the most widely used feedstock in the production of biomass-based diesel. The BOHO price spread is...

Panda Biotech celebrates opening of hemp processing facility

Panda Biotech celebrated its grand opening last week at the 500,000-square-foot hemp fiber processing facility in Wichita Falls, Texas. The...

Monthly soybean crush reaches record high for May; soybean oil stocks fall below forecast

The National Oilseed Processors Association (NOPA) reported a record-high May soybean crush at 183.63 million bushels. The crush was...

Holiday break drives lower hog slaughter forecast

Trading was quiet on Monday June 17, with no trading reported.

Fastmarkets’ research team forecasts hog slaughter...

US cattle slaughter continues to trail 2022, 2023 levels

Please note: Fastmarkets will not publish an Animal Proteins bulletin on Wednesday June 19 in observance of the US...

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Central Illinois soybean crush margins reach 3-month high

Chicago Mercantile Exchange grain prices fell on Monday June 17, with the July CME soybean futures contract decreasing by...

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Chinese tanners in demand for cheap US hide material

Buyers remained interested in cheaper US cured hides over the weekend of June 15-16, but price negotiations were ongoing...

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US soybean crush hit record high for month in May

US soybean crush climbed to a record high for the month of May, according to the latest data released...

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Grocer profitability attracts scutiny of policmakers

The organic feed market is subdued. Buyers continue to maintain their current pace of just-in-time inventory. Merchandisers report some activity...

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Blog

BOHO price spread narrows; RINs edge up

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