Ethanol production declined 27,000 barrels per day to a 931 million-barrel-per-day average during the week ending July 31, 2020. Ethanol and DDGS output fell on a weekly basis for only the second time since late April. Production slipped 2.8 percent and was 10.5 percent below levels at this time last year. DDGS output was 2,568 metric tons per day below last week’s pace and 10,367 MT below production from a year ago.
Gasoline supply fell two percent from the prior week and is 10.7 percent below 2019 levels for the same weekly period. Ethanol stocks increased fractionally, holding just above the 20-million-barrel level. Ethanol imports continued for a second continuous week with 3.2 million gallons arriving on the West Coast. The decline in ethanol output lowered corn demand by 400 thousand bushels per day. DDGS output moved with ethanol production, falling 2.8 percent for the…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...