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Blog

BOHO Spread Reaches 4-Year Low on Falling Soybean Oil Values

Alexandra Watts | 02.28.2024

** Amanda is out of the office until Friday, March 1. In her absence, please contact Bob Lane - [email protected]**

The biomass-based diesel market finds itself in a challenging environment. The soybean oil-to-heating oil (BOHO) spread is used as a measure of profitability in producing biodiesel and renewable diesel from soybean oil. Many feedstock choices tend to follow the BOHO spread.

A high, or rising BOHO spread, indicates it is, or becoming more expensive to produce biodiesel from soybean oil....

Organic Soybean Imports Slide

U.S. organic soybean imports declined in 2023 by 17 percent. Exporters in...

Russia’s Announced Six-Month Ban on Gasoline Could be Bearish for RINs

Russia declared a six-month export ban on gasoline effective on March 1, 2024. The ban is intended to...

Gulf UCO Market Resilient Despite Sinking Margin Environment

Used cooking oil (UCO) traded higher into the Gulf market today, up to 41 cts/lb delivered. Tallow trading was...

Wide Bid-Offer Levels Emerge in Animal Protein Markets

A push-pull undertone was witnessed on animal proteins for Tuesday, due to the persistent downward trend on soybean meal...

Corn, Soybean and Wheat Futures Overview

CME grain prices were mixed on Tuesday. March wheat increased by $0.0875, closing at $5.86/bu while March soybeans dropped...

Automotive Tanners in China Increase Buys

Sellers reported moderate activity to start the week with most bids a few dollars lower than current market levels....

Rising Soybean Oil Price not Enough to Lift CME Crush Margin

** Amanda is out of the office until Friday, March 1. In her absence, please contact Bob Lane -...

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Irish Organic Sector Growing Consistently

Ireland’s organic animal proteins segment is growing consistently, based...

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12.24.2024

Animal fats, oils markets quiet amid Christmas holiday

The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.

Market sources expected activity to remain subdued...

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12.24.2024

US November broiler, turkey slaughter down year on year

US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...

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12.24.2024

US weekly soybean, wheat export inspections rise, corn falls

Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...

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