**Please note – Ryan Standard will be out of the office until Tuesday, Jan 2nd. In his absence, please contact Amanda Luhavalja at [email protected] with any questions, comments or trading.**
Trading was very quiet again on Wednesday, with few price changes noted.
On Wednesday. the EIA’s Weekly Petroleum Status Report showed U.S. ethanol production estimates for the week ending February 2 were up 42,000 barrels per day (b/d) to 1.033 million b/d. The Jacobsen estimates distiller’s corn oil (DCO) production for last week was just above 9.8 million pounds per day, increasing more than four percent from the week prior and up more than three percent on the year.
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Signs of US economic downturn send ULSD prices to 3-year low
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US fat market slides on pressure from soybean oil, energy complex
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Sluggish trade volume keeps weekly animal protein prices flat
US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.
Weekly wrap-up
Prices for US animal proteins were little...