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 the past three months has averaged 969,850 b/d, 2,150…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...