Ethanol and DDGS Supply Rises Despite Lower Gasoline Supply
Ethanol production climbed for the second straight week and six of the past five weeks. DDGS output improved as ethanol production increased 10,000 barrels per day to a 975 thousand-barrel-per-day average during the week ending April 2, 2021. Weekly ethanol output was one percent above the prior week and 45 percent over levels seen at this time last year when the pandemic began to grind transportation to a halt. DDGS output was 951 MT per day above last week and 28,818 MT’s per day over production from a year ago.
Gasoline supply declined 2.2 percent but was 73 percent over 2020 levels for the same period. Ethanol stocks declined fractionally to 20.6 million barrels and were 24 percent lower than a year ago. Imports of sugarcane ethanol were absent on the West…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...