According to the EIA’s Weekly Petroleum Status Report, ethanol production inched 0.32% higher to 947,000 barrels per day (b/d) and stocks continued to fall, dropping 1.67% to 20.820 million barrels. The higher production increased the ethanol industry’s demand for corn, pushing it to 14.1 million bushels per day from 14.06 m/b, a 45,000 bushel a day increase from the prior weeks…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...