Ethanol Stocks Build, Production Slows
Ethanol production faded during the anniversary week of the pandemics onset. DDGS output declined as ethanol production slowed 49,000 barrels per day to a 922 thousand-barrel-per-day average during the week ending March 19, 2021. Weekly ethanol output was five percent below the prior week and eight percent under levels seen at this time last year. DDGS output fell 4,660 MT per day and was 7,894 MT’s per day below production from a year ago.
Gasoline supply increased two percent but was 2.5 percent below 2020 levels for the same period. Ethanol stocks increased 2.2 percent to 21.8 million barrels, rising for the first time in five weeks. Imports of sugarcane ethanol were absent on the West Coast for the fourteenth consecutive week. Reduced ethanol output lowered corn demand 726…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.