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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

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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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