DDGS Supply Climbs to 7-Week High as Ethanol Stocks Fall to 14-Week Low
Ethanol production continued to move higher as weather related issues subsided. DDGS and ethanol output increased 89,000 barrels per day to a 938 thousand-barrel-per-day average during the week ending March 5, 2021. Weekly ethanol output was 10 percent above the week prior but 10 percent below levels seen at this time last year. DDGS output increased 8,465 MT per day from last week but was 10,081 MT’s per day below production from a year ago.
Gasoline supply increased seven percent but was eight percent below 2020 levels for the same period. Ethanol stocks declined nearly two percent to 22.1 million barrels, reaching a 14-week low. Imports of sugarcane ethanol were absent on the West Coast for the twelfth consecutive week. Increased…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...