According to the EIA’s Weekly Petroleum Status Report, ethanol production was basically unchanged from the previous week, declining a mere 0.10% to 952,000 barrels per day (b/d). Stocks fell as gasoline demand jumped higher. Ethanol stocks fell 3.61% to 20.547 million barrels. The slightly lower production decreased the ethanol industry’s…
04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...