# Boho factor falls to lowest since November 2014  : The Daily Digest

> Platts reported that the boho factor fell to 5.87 cents/gal on May 9, its lowest level since November 2014. The decline came as ULSD futures reached their highest since February 2015 while soybean futures rose faster than diesel.

- Date: 2018-05-10 · published 2018-05-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65103-boho-factor-falls-to-lowest-since-november-2014-the-daily-digest
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A lower boho factor makes biodiesel blending more economic, which can support soybean oil demand. The move also reflects firmer diesel prices that tend to lift biofuel margins.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- DIESEL: bullish ▲

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/boho-factor-falls-to-lowest-since-november-2014/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.