Ethanol production increased 28,000 barrels per day to a 41 million-barrel-per-day average during the week ending October 23, 2020. Ethanol and DDGS volumes bounded higher, matching their highest levels in the past 13 week period. Ethanol production was 3.1 percent above last week’s report but 6.3 percent under levels at this time last year. DDGS output increased by 2,663 metric tons per day but was 5,992 MT below production from a year ago.
Gasoline supply increased 3.1 percent but was 13 percent below 2019 levels for the same period. Ethanol stocks fell to 19.6 million barrels, reaching their lowest level since December 30, 2016. There were 1.8 million gallons of sugarcane ethanol imported to the West Coast during the week ending October 23. Increased ethanol output raised corn demand 415 thousand bushels per day. DDGS output moved with…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...