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Biodiesel producers using soybean oil saw margins improve in the week ending September 30, 2022, as feedstock costs fell faster than biodiesel prices. RBD soybean oil margins rose from $0.30 to $0.49 per gallon over variable costs.
Upper Midwest B100 averaged $6.94 per gallon.
Improving biodiesel margins support continued soyoil crush and demand for feedstock, though falling oil costs signal softer near-term soyoil prices.
fastmarkets.comRobert LaneOct 4, 2022Not 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.
