One Year Into Pandemic, DDGS Output Continues to Struggle

One Year Into Pandemic, DDGS Output Continues to Struggle

 

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…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Request a Free 7-Day Trial


    Please enter the level or reporting you're most interest in.

    Please select the area in which you are most interested in our reporting.
    Please select all areas of secondary interest to you.

*all fields required

More from the author

04.13.2021

Early Crop Planting Progress Ahead of Schedule

04.08.2021

China’s Export Appetite Slowed Last Week

03.30.2021

DDGS Average Price Falls in March

Blog

04.20.2021

Fats, Oils, & Fuels Webinar 4/20/21: Customer Q&A

Fats, Oils, & Fuels Webinar 4/20/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from the live Webinar audience during the call on Tuesday, April...

04.14.2021

Inflation Fears and Technical Buying Drive Soy Oil Higher

Inflation Fears and Technical Buying Drive Soy Oil Higher

Inflation Fears and Technical Buying Drive Soy Oil Higher

Agricultural and energy prices surged higher on Wednesday, driving soybean oil prices sharply higher. Most palm oil...

04.14.2021

Apparel & Leather Goods Supply Chain Complications Persist

Apparel & Leather Goods Supply Chain Complications Persist

Steer prices dropped $1.50-$3 on some selections today. Bids from Chinese buyers are very limited and a few dollars lower than last week’s trading levels. Bids from Korea continue...

Latest Tweets

We are excited to announce that we have acquired @thejake1865, expanding and strengthening our agriculture business and bringing new insights and capabilities to our customers. ... Learn more: http://spr.ly/6019HddQb

#FastmarketsAgriculture #agriculture #acquisition

Join us at our first virtual Hemp Conference looking at Hemp Fiber, Flower and CBD - https://thejacobsen.com/events/hemp-conference #hemp #cbd #cbg #industrialhemp

Load More...