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Blog

Oil Share of Board Crush Rises Above 42 Percent

Alexandra Watts | 03.18.2024

**Note - Amanda Luhavalja will be out of the office until Thursday March 21

The bean oil/heating oil (BOHO) spread is used as a measure of profitability in the production of biodiesel and renewable diesel using soybean oil as the feedstock. A rising BOHO indicates market production of soybean oil-based biofuel is becoming more expensive. RIN prices tend to rise along with the BOHO to offset the cost and incentivize production.

The BOHO spread climbed...

Organic Corn Imports Mostly Flat

According to the official information from the U.S. Customs Department, organic corn...

Weekly Hemp Recap

Last Week's Hemp Commentary

Report Highlights Research Goals for...

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Soybean Crush Reaches Record High for February, Oil Stocks Climb

The National Oilseed Processors Association (NOPA) reported the February soybean crush at 186.194 million bushels. It was the largest...

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Chemical and Biofuel Demand Drives Fat Prices Higher

Technical tallow traded down a ½ cent today at 50 cents lb. Chicago basis. Outside of the tech tallow...

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Ruminant meat and bonemeal largest increase week on week

With several participants attending the AFIA (American Feed Industry Association) Purchasing and Ingredient Suppliers Conference this week, trade volume...

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Sausage Casings Bulletin March 15th, 2024

Runner Market Commentary
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Key drivers influencing the grain markets

Grain futures showed fluctuations due to various factors throughout the week. A drier Brazilian forecast and Conab reducing its...

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Tight Hide Supply Supportive of Price Increases

Market Update

Sellers reported an active week of hides sales, closing most markets at...

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

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12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

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12.20.2024

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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Oil Share of Board Crush Rises Above 42 Percent

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