Ethanol production declined 15,000 barrels per day to a 926 million-barrel-per-day average during the week ending September 11, 2020. The ethanol and DDGS output pullback erased most of the prior week’s gain while gasoline supply saw a slight rebound. Ethanol production was 1.6 percent below last week’s report and eight percent below levels at this time last year. DDGS output decreased 1,427 metric tons per day and remains 7,323 MT below production from a year ago.
Gasoline supply moved one percent higher but was 5.2 percent below 2019 levels for the same weekly period. Ethanol stocks dropped by one percent, reaching a five-week low and are 15 percent below levels from a year ago. Ethanol imports returned, reaching 10.6 million gallons on the West Coast. The decline in ethanol output reduced corn demand by 222 thousand bushels per day. DDGS…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...