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Originally Posted by MonsieurBon
So I know about zilch when it comes to commodities, but apparently soybean FUTURES are up, whatever that means. That translates to high prices for soy products. Thus, the higher prices of biodiesel.
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Actually soybean prices have been steadily declining since the end of August. This year's harvest has been larger than expected thus far and the midwest has had good weather to get the crop out of the field. Whether or not declining bean prices have any effect on biodiesel prices is debatable, though. Lot of other inputs and middlemen needing to make their dollar.