According to the EIA’s Weekly Petroleum Status Report, ethanol production ramped higher by 19,000 barrels to 987,000 b/d, achieving the 6th highest production rate in history. Stocks climbed 1.58% and gasoline demand fell 2%. Ethanol imports held at zero for the eleventh straight week. Higher ethanol production equals greater demand for corn. Corn…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...