Market Activity

Ethanol production increased to 1.074 million bbl/day last week, up 0.94% compared to the week prior. Production was at its highest of the year, last week as was DCO production as a result. An estimated 9.5 million lbs/day were produced last week. Corn oil prices continue to be range bound,  $0.2200 – 0.2400, depending on shipping point. Demand from the feed sector remains strong in the East, which is offering support to the IN/OH market. Biodiesel continues to…