Loading…
Biodiesel producers in the US report negative gross margins as of April 11, with renewable diesel near breakeven. RIN prices rose 32% over three weeks to their highest since September 2023, but failed to keep pace with the rising soybean oil-heating oil spread.
Weak producer margins can curb soybean oil demand for biofuel, a bearish factor for soybean oil, though higher RIN values offer some offset.
fastmarkets.comRobert LaneApr 15, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
