DDGS Supply May Slow as Ethanol Stocks Expand
Ethanol production declined 12,000 barrels per day to a 933 thousand-barrel-per-day average during the week ending January 22, 2021. DDGS and Ethanol volumes decreased as margins moved lower. Weekly output fell 1.3 percent and was nine percent below levels seen at this time last year. DDGS output declined by 1,141 metric tons per day and was 9,130 MT per day below production from a year ago.
Gasoline supply slipped 3.4 percent and was 11 percent below 2020 levels for the same period. Ethanol stocks declined to 23.62 million barrels, reaching a three-week low. There were no sugarcane ethanol imports on the West Coast for a sixth consecutive week. Reduced ethanol output lowered corn demand 178 thousand bushels per day. DDGS output moved with ethanol production, falling 1.3…
01.07.2025
Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024
US Census Bureau data released on Tuesday January 7 showed a monthly divergence in biodiesel imports and exports. Biodiesel import volume rose from a two-year low last month, climbing...
01.07.2025
Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment
Three railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 45 cents per lb, Chicago basis on Tuesday January 7.
Apart from this trade and continued activity in choice...
01.07.2025
Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast
US animal proteins had limited price changes indicated on Tuesday January 7 due to a quiet tone reported by multiple market sources.
Price pressure was reported on poultry-related...