05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Ethanol & DDGS Production – Ethanol production moves lower as stocks climb
According to the EIA’s Weekly Petroleum Status Report, ethanol production dropped 1.76% to 947,000 barrels per day (b/d), as stocks climbed 2.42% to 21.594 million barrels. The lower production narrowed the ethanol industry’s demand for corn to 14.1 million bushels per day from 14.36 m/b, a 253,000 bushel a day decrease from the prior weeks average.
Ethanol production over…