Weekly average ethanol production in the US totaled 1.04 million barrels per day in the week to Friday October 11, up by 4,000 bpd from a week earlier and up by 0.4% year on year, according to reports by the US Energy Information Administration (EIA) on Thursday October 17.
Ethanol stocks were 22.27 million barrels, up by 121,000 barrels week on week and up by 5.5% year on year.
Demand for corn increased by 0.4% from the previous week and by 0.7% year on year. Approximately 15.43 million bushels of corn per day were used for ethanol production.
Livestock feed production totaled 111,430 tonnes in the week to October 11. Distillers’ dried grain (DDG) production accounted for 99,103 tonnes, with the remaining amount consisting of 10,401 tonnes of corn gluten feed and 1,926 tonnes of corn gluten meal.
Gasoline supply decreased by 1.03 million bpd from the previous week to 8.62 million bpd and down by 3.6% year on year.
…
10.28.2024
US crude, kosher crude glycerin prices to increase amid uncertainty on biodiesel tax credit: sources
Crude glycerin supply is highly correlated with biodiesel production; it is a co-product of the biodiesel production process, and it remains uncertain how many US biodiesel producers will be...
10.28.2024
US CWG prices dip slightly amid increasing hog slaughter rates
The US animal fats markets experienced a quiet start on Monday October 28, with little change reported aside from a slight dip in choice white grease prices on an...
10.28.2024
US cattle slaughter forecast up w-o-w, down 2% y-o-y
Trading in the US animal proteins market was quiet on Monday October 28, with no price changes reported.
Fastmarkets’ research team forecasts cattle slaughter at 625,000 head for...