Ethanol production declined 27,000 barrels per day to a 931 million-barrel-per-day average during the week ending July 31, 2020. Ethanol and DDGS output fell on a weekly basis for only the second time since late April. Production slipped 2.8 percent and was 10.5 percent below levels at this time last year. DDGS output was 2,568 metric tons per day below last week’s pace and 10,367 MT below production from a year ago.
Gasoline supply fell two percent from the prior week and is 10.7 percent below 2019 levels for the same weekly period. Ethanol stocks increased fractionally, holding just above the 20-million-barrel level. Ethanol imports continued for a second continuous week with 3.2 million gallons arriving on the West Coast. The decline in ethanol output lowered corn demand by 400 thousand bushels per day. DDGS output moved with ethanol production, falling 2.8 percent for the…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...