Ethanol production declined 15,000 barrels per day to a 962 million-barrel-per-day average during the week ending November 13, 2020. Ethanol and DDGS volumes consolidated below last week’s post-pandemic high for output. Ethanol production was 1.5 percent below last week’s output and 6.9 percent below levels seen at this time last year. DDGS output fell 1,427 metric tons per day and was 6,753 MT below daily production a year ago.
Gasoline supply declined 5.75 percent and was 10 percent below 2019 levels for the same period. Ethanol stocks increased to 20.2 million barrels, reaching a 11-week high. Imports of sugarcane ethanol disappeared on the West Coast during the week ending November 13. The decline in ethanol output reduced corn demand 222 thousand bushels per day. DDGS output moved with ethanol production, falling…
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...