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 fell by 8,000 barrels to a 965,000 b/d average. Production is at its lowest level in the past two months. Stocks grew by 89,000 barrels as gasoline demand dropped 4.2%. Ethanol imports held at zero for the fourteenth straight week. The drop in production led to a decrease in the demand for…