Ethanol production increased 1,000 barrels per day to a 935 million-barrel-per-day average during the week ending December 31, 2020. DDGS and Ethanol volumes continue to oscillate with production near peak post pandemic levels. Weekly output increased fractionally but was 12 percent below levels seen at this time last year. DDGS output increased by 95 metric tons per day but was 12,079 MT per day below production from a year ago.
Gasoline supply shifted sharply lower, falling 8.5 percent and was 8.5 percent below 2019 levels for the same period. Ethanol stocks declined fractionally to 23.3 million barrels. This was the first time in 10 weeks ethanol stocks moved lower. There were no sugarcane ethanol imports on the West Coast for a third consecutive week. Increased ethanol output raised corn demand 15 thousand…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...