DDGS Output at 66-Week High

DDGS Output at 66-Week High

 

Ethanol Production Outpaces Gasoline Demand Lifting Grain supply 

Weekly ethanol production and stock levels again exceeded analyst expectations in this week’s Weekly Petroleum Status Report.  Ethanol output increased 33 thousand barrels to a 1.067 million-barrel-per-day average during the week ending June 4, 2021 and is at its highest level since the week ending February 28, 2020.  The increase in ethanol production moved beyond analysts’ forecast that expected output to land within the 1.029-to-1.047-million-barrel range. The average analyst estimate was 1.038 million barrels. Weekly ethanol output was 3.2 percent above last week and 27 percent over levels seen at this time last year. DDGS output climbed to 3,517 metric tons per day from last week and was 21,875 MT’s per day over production from a year…

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

Blog

03.28.2024

LCFS credit volumes, average prices move higher

LCFS credit volumes, average prices move higher

**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**

**Bob Lane was out of the office today.**


California low carbon...

03.28.2024

Diverging FOB and delivered markets to close out March

Diverging FOB and delivered markets to close out March

Please note – The Jacobsen will not publish an Animal Fats bulletin on Friday, March 29th in observance of the Good Friday holiday.

Trading was quiet ahead of...

03.28.2024

March monthly averages mixed for animal proteins

March monthly averages mixed for animal proteins

** Please note: The Jacobsen will not publish a bulletin on Friday, April 29 in observance of Good Friday. **

Light trade was reported for the end of...

Latest Tweets