DDGS Output Hits 13-Week High

DDGS Output Hits 13-Week High

 

Ethanol Stocks Reach Yearly Low, DDGS Output at 13-Week High

Ethanol production increased 52,000 barrels per day to an 893 million-barrel-per-day average during the week ending June 19, 2020, reaching the highest weekly production level since output the pandemic onset, according to the EIA’s Weekly Petroleum Status Report. Output increased 6.2 percent but remains 17 percent below production levels at this time last year. DDGS output climbed 4,946 metric tons daily during the past week but is 17,024 MT below daily production from a year ago. 

Gasoline supply was Jumped 9.4 percent, reaching its highest level since the pandemic began in late March. Gasoline supply is 9.1 percent below 2019 levels for the same weekly period. Ethanol stocks hi a 25-week low at 21 million barrels.  Ethanol imports were absent again during the week. The increase in ethanol production raised corn demand by 770 thousand bushels per day. DDGS output moved with…

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

View a Sample Price Report Downloadable PDF

  • This field is for validation purposes and should be left unchanged.

*all fields required

More from the author

06.30.2020

Soybean Oil Use in Biodiesel Production at 8-Month High

06.24.2020

June LCFS Transaction Volume Below 2020 Weekly Average

06.23.2020

Amendments to California’s Low Carbon Fuel Standard (LCFS) Take Effect Next Week

Latest News

04.14.2020

Podcast: Feedstocks to Biofuels Market Intelligence Weekly Webinar

02.11.2020

Small Refinery Exemptions

Blog

07.02.2020

Hemp Markets Evolving at Rapid Pace

Latest Tweets

Chase Hubbard is on Thursday's discussion of The ‘Lo Down: Real Talk With Hemp Farmers. We’re going over the hemp marketplace with a fine-tooth comb, from pricing to ... forecasting, commoditization challenges, policy and much more #cbd #hempfarming https://www.instagram.com/p/CBDjGLSBXdb/

Webinar on 2020 Organic Corn and Soybean planting survey results, presented tomorrow. https://us02web.zoom.us/webinar/register/WN_tq4BSybeQ-K8lw8yE5vBjA #organic #organicfood ... #grain #corn

Load More...