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BOHO spread (EIA/USDA approximation)

BOHO spread: EIA No. 2 heating oil vs. USDA WASDE monthly soybean oil price. FAME biodiesel feedstock-economics proxy; decoupled from D4 since Q4 2023.

FAME soybean oil spread — not a renewable diesel proxy.

Last updated: 2026-07-23T18:02:06.257Z · Source: EIA Weekly Petroleum Status Report

Source: derived from EIA No. 2 heating oil wholesale/resale prices (W_EPD2F_PWR_NUS_DPG, weekly) and USDA WASDE monthly soybean oil price (Oilseeds Supply and Use table). EIA/USDA approximation — SBO leg refreshes monthly. Spread proxy for FAME biodiesel feedstock economics; not affiliated with or endorsed by EIA, USDA, CME, or NYMEX.

1.1110

Current value and change statistics for BOHO spread (EIA/USDA approximation)
WoW−0.0890
MoM+1.5530
YoY+2.2200
52-wk range-1.6470–1.2000
What is this?

The BOHO spread is a feedstock-economics proxy for FAME biodiesel margin, approximated from EIA No. 2 heating oil wholesale/resale prices (W_EPD2F_PWR_NUS_DPG, weekly) and USDA WASDE monthly soybean oil price. Per CLAUDE.md domain rules: BOHO has been decoupled from D4 since Q4 2023 and must NEVER be used as a renewable diesel margin proxy.

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