For the week ending 4/24/20
According to the EIA Weekly Petroleum Status Report, ethanol production declined 26,000 barrels per day to a 537 million-barrel-per-day average during the week ending April 24, 2020. Production reached a new all-time low as it continues to seek a bottom. Ethanol output is down 487,000 barrels per day, or 48 percent, from last year at this time and down five percent from last week. DDGS output fell 4.6 percent for the week and is 48 percent below levels at from a year ago.
Gasoline…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...