01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
According to the EIA’s Weekly Petroleum Status Report, ethanol production hit its highest level since Feb 13th. Production jumped by some 46,000 barrels to 958 barrels per day. Inventories showed a slight gain, as did gasoline. Ethanol imports held at zero for the fourth consecutive week. The increase in production volume led to a higher…