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 slipped by 4,000 barrels per day to a 995,000 b/d average. This is the fifth highest weekly production rate on record and the fourth highest rate reported this year. Gasoline demand moved 0.48% higher and stocks fell 1.5%. Ethanol imports remained at zero for…