DDGS Supply Climbs to 12-Week High as Ethanol Stocks Fall to 15-Week Low
Ethanol production reached the sixth highest weekly run rate since the pandemic started in March of 2020. DDGS and ethanol output increased 33,000 barrels per day to a 971 thousand-barrel-per-day average during the week ending March 12, 2021. Weekly ethanol output was 3.5 percent above the week prior but six percent below levels seen at this time last year. DDGS output increased 3,139 MT per day but was 6,087 MT’s per day below production from a year ago.
Gasoline supply declined 3.3 percent and was 13 percent below 2020 levels for the same period. Ethanol stocks declined 3.3 percent to 21.3 million barrels, reaching a 15-week low. Imports of sugarcane ethanol were absent on the West Coast for the thirteenth consecutive week. Increased…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...