Ethanol production edged 7,000 barrels per day higher to a 900 million-barrel-per-day average during the week ending June 26, 2020. Ethanol and DDGS output are at its highest level since the pandemic was announced, according to the EIA’s Weekly Petroleum Status Report. Output increased 0.8 percent for the week but remains 17 percent below levels at this time last year. DDGS output was 666 metric tons over last week’s average daily output but 17,215 MT below production from a year ago.
Gasoline supply declined fractionally after jumping more than nine percent last week. Gasoline supply is 9.8 percent below 2019 levels for the same weekly period. Ethanol stocks hit a 182-week low at 20.164 million barrels. Ethanol imports were absent again during the week. The increase in ethanol production raised corn demand by 104 thousand bushels…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...