DDGS and Ethanol Output Below Analyst Estimates for the Week
Weekly ethanol production held steady while ethanol stocks narrowed in the latest EIA report. DDGS output remained constant with ethanol output holding at a 941 thousand-barrel-per-day average during the week ending April 16, 2021. Analysts had been expecting production to climb by 20,000 barrels per day for the week. Weekly ethanol output was 67 percent over levels seen at this time last year. DDGS output was unchanged from last week but 35,951 MT’s per day over production from a year ago.
Gasoline supply increased 1.8 percent and was 71 percent over 2020 levels for the same period. Ethanol stocks declined fractionally to 20.45 million barrels and were 26 percent lower than a year ago. Analysts had been expecting stocks to decline to a level anywhere between…
01.07.2025
Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024
US Census Bureau data released on Tuesday January 7 showed a monthly divergence in biodiesel imports and exports. Biodiesel import volume rose from a two-year low last month, climbing...
01.07.2025
Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment
Three railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 45 cents per lb, Chicago basis on Tuesday January 7.
Apart from this trade and continued activity in choice...
01.07.2025
Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast
US animal proteins had limited price changes indicated on Tuesday January 7 due to a quiet tone reported by multiple market sources.
Price pressure was reported on poultry-related...