Rising Corn & Falling Ethanol Values Take Bite Out of Margin

Rising Corn & Falling Ethanol Values Take Bite Out of Margin

PROGRAMMING NOTE: The Grain and Feed Bulletin will not publish on Thursday, Nov. 26. We’ll print a price update on Friday, Nov. 27 and be back to our normal schedule on Monday, Nov. 30. 

 

DDGS Output Reaches Post Pandemic High 

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…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

04.25.2024

US heating oil, distillate fuel consumption lower than usual in Q1

US heating oil, distillate fuel consumption lower than usual in Q1


In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...

04.25.2024

Chicago animal fat prices fall on increased supply

Chicago animal fat prices fall on increased supply

Four cars of packer grade bleachable fancy tallow traded at 40.5 cents per lb Chicago on Thursday April 25, down 1.5 cents per lb from the previously-traded level.

04.25.2024

Choppy tones widen ranges on porcine meat, bonemeal

Choppy tones widen ranges on porcine meat, bonemeal

The animal proteins market was reportedly steady to choppy on Thursday April 25, creating wider ranges on porcine meat and bonemeal specifically.

Poultry byproduct pet grade and feathermeal were steady...

Latest Tweets