DCO starts the week higher; hog slaughter increases slightly
Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was...
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Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost
Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more than a year.
The BOHO spread measures the profitability of producing biodiesel from soybean oil. The higher the spread, the more costly the production. When the spread rises, renewable identification number (RIN) credit values generally increase to offset rising production costs.
The BOHO spread increased 15% during the week ending Friday. Biodiesel (D4)...
