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…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...