*The Jacobsen will not publish a Vegetable Oil Bulletin on Monday, January 17 due to the observance of Martin Luther King Jr. Day. We will resume our normal publication schedule on Tuesday, January 18.**
**Please Note – Bob Lane was out of the office today and will return on January 18.**
U.S Weekly Ethanol Output Slides, Stockpiles Increase
Total U.S. ethanol production was down but stocks were up during the week ending January 6, data released by the EIA showed. Ethanol production eased 42,000 barrels per day, or four percent, on the week to 1.006 million b/d. Output in the largest producing region of the Midwest fell 4.4 percent on the week to 947,000 b/d during the week. This was down from 989,000 b/d the week prior.
During the first week of the new year, EIA showed U.S. ethanol stocks were up 6.7 percent to a total of 22.911 million. Midwestern ethanol stocks climbed more than…
01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...