Ethanol production increased 28,000 barrels per day to a 990 million-barrel-per-day average during the week ending November 20, 2020. Ethanol and DDGS volumes hit a fresh post-pandemic high for output with ethanol production 2.9 percent over last week, but 6.5 percent below levels seen at this time last year. DDGS output increased by 2,663 metric tons per day but was 6,562 MT below daily production from a year ago.
Gasoline supply declined 1.6 percent and was 12 percent below 2019 levels for the same period. Ethanol stocks continued to rise, climbing 3.3 percent to 20.9 million barrels, a 12-week high. For a second…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...