A Dow Jones survey of ethanol analysts expects ethanol production to climb and ethanol stocks to fall. Expectations are that tomorrows report will show up to a 20,000 barrel a day increase in production. If achieved, production would be at a two-week high of 961 thousand barrels a day. Analysts are also forecasting a decline in ethanol stocks to anywhere between 20.15 million barrels to 20.47. Should stocks decline, this will be the fourth consecutive week that stocks moved lower.
Corn growing states have 17 of 18 states reporting progress, cotton states are up to 9 of 15 reporting, and soybeans and peanuts released their first progress report. Two percent of the corn crop has emerged. USDA March planting intentions for corn are 91.1 million acres. The…
12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...