Ethanol production increased 50,000 barrels per day to a 958 million-barrel-per-day average during the week ending July 24, 2020. Ethanol and DDGS rebounded after last week’s decline, reaching an 18-week high. Production increased 5.5 percent over last week’s output but was seven percent below levels at this time last year. DDGS output increased 4,755 metric tons per day from last week but is 6,943 MT below production from a year ago.
Gasoline supply climbed three percent from the prior week but is eight percent below 2019 levels for the same weekly period. Ethanol stocks increased 2.4 percent, pushing back above the 20-million-barrel level. Ethanol imports resumed for the first time in three weeks with 7.9 million gallons arriving on the West Coast. The increase in ethanol output raised corn demand by 741 thousand bushels per day. DDGS output moved with ethanol production, rising…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...