According to the EIA’s Weekly Petroleum Status Report, ethanol production increased by 6,000 barrels to 930,000 barrels per day (b/d). Stocks moved higher, aided by increased production and increased import activity, despite gasoline demand shifting 3% higher. Ethanol stocks grew by 697,000 barrels 21.342 million barrels, pushing stocks to their highest level since late…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...