Ethanol Production Slows on Second Wave News

Ethanol Production Slows on Second Wave News

 

Ethanol/DDGS Output Edges Higher, Ethanol Stocks at 24-Week Low

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…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

03.27.2024

Illinois Legislation Aims to Create a Clean Transportation Standard

Illinois Legislation Aims to Create a Clean Transportation Standard

Illinois is looking to become the fifth sate to create a clean fuel transportation standard. The Illinois version, if passed, may not be as robust as the ones...

03.27.2024

Sellers see steady to higher prices on interior market trades

Sellers see steady to higher prices on interior market trades

Distiller’s corn oil (DCO) traded higher into the Manly, IA market today, topping out at a high of 47.75 cents lb. Trading into the Gulf and on an FOB...

03.27.2024

Aprill broiler slaughter forecasted below 2023

Aprill broiler slaughter forecasted below 2023

The proximity of the extended Easter holiday weekend kept some participants off the market at mid-week, leaving values generally steady.

Poultry by-product pet grade was reported lower in...

Latest Tweets