Ethanol production increased 4,000 barrels per day to an 841 million-barrel-per-day average during the week ending June 12, 2020, reaching the highest weekly production level since output cratered in late March, according to the EIA’s Weekly Petroleum Status Report. Output increased fractionally but remains 22 percent below production levels at this time last year. DDGS output climbed 380 metric tons daily during the past week but is 22,826 MT below daily production from a year ago.
Gasoline supply was basically unchanged, slipping 0.4 percent. Gasoline supply is 21 percent below 2019 levels for the same weekly period. Ethanol stocks reached a 24-week low at 21.3 million barrels. Ethanol imports were absent again during the week. The increase in ethanol production raised corn demand by 59 thousand bushels per day. DDGS output moved with ethanol production, rising 0.5…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...