According to the EIA Weekly Petroleum Status Report, ethanol production declined 7,000 barrels per day to a 563 million-barrel-per-day average during the week ending April 17, 2020. Production reached a new all-time low but appears to be bottoming. Ethanol output is down 485,000 barrels per day, or 46 percent, from last year at this time. DDGS output fell 1.2 percent for the week and is 46 percent below levels at this time last year.
Gasoline supply increased 4.5 percent to 5.3 million barrels per day but is 44 percent below 2019 demand for the same…
04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...