BOHO hysteria stalls as soybean oil prices stumble
The soybean oil/heating oil spread (BOHO) spread settled at 97 cents per gallon on Friday September 27, up by...
Soybean oil futures on the Chicago Mercantile Exchange rose on Monday September 30, boosted by strength in crude oil markets.
October soybean oil futures closed at $0.4351 per lb, up by $0.0133 per lb, or 3.15%, from a settlement of $0.4218 per lb on Friday September 27.
December soybean futures ended at $0.4331 per lb on Monday, up by $0.0095 per lb, or 2.24%, from $0.4236 per lb on Friday.
At midday on Monday, the USDA’s latest Quarterly Stocks Report showed...