US weekly average ethanol production hit a seven-week low of 1.073 million barrels per day in the week to Friday November 29, according to the US Energy Information Administration (EIA) report on Wednesday December 4. This marked a decrease of 46,000 bpd the previous week and of 0.3% year on year.
Ethanol stocks were reported at 23.003 million barrels, up by 134,000 barrels week on week and by 7.3% year on year.
Demand for corn decreased by 6.7% from the previous week and by 3.4% year on year. Approximately 15.89 million bushels of corn per day were used for ethanol production.
Livestock feed production totaled 114,745 tonnes in the week to Friday. Distillers’ dried grain (DDG) production accounted for 102,051 tonnes, with the remaining amount consisting of 10,711 tonnes of corn gluten feed and 1,983 tonnes of corn gluten meal.
…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...