Market Activity

Poultry fat prices moved higher again with tight supplies seen through much of the South and Southeastern markets.

Ethanol production at 1.048 mil bbl/day was up 0.58% last week compared to the week prior. DCO production is estimated at 9.286 million lbs/day last week. Ethanol production was down 5% relative to the same week a year ago, bolstering anecdotal reports that poor margins and weak demand for ethanol are pressuring production volumes lower. While…