According to the EIA’s Weekly Petroleum Status Report, ethanol production edged 4,000 barrels lower to a 961,000 b/d average. Production is at its lowest level since May 15th. Stocks fell by 413,000 barrels as gasoline demand increased 3.7%. Ethanol imports held at zero for the fifteenth consecutive week. The drop in production led to a decrease in the demand for corn. Corn use…
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...
01.28.2025
US weekly corn, soybean export inspections decline; wheat up 85%
Export inspections of US grains showed a decline for corn and soybeans, while wheat increased in the week to January 23, according to data from the USDA released on...
01.28.2025
Quiet hide market as cattle prices hit record highs
The hide market had minimal activity on Tuesday January 28, as Chinese tanners continued their Lunar New Year celebrations and global customers remained quiet, according to several hide sellers....