Ethanol production climbed 17,000 barrels per day to a 991 million-barrel-per-day average during the week ending December 4, 2020. DDGS and Ethanol volumes hit their highest levels since the pandemic was announced in late March. Weekly output increased 1.75 percent but was 7.6 percent below levels seen at this time last year. DDGS output increased by 1,617 metric tons per day and was 7,704 MT per day below production from a year ago.
Gasoline supply declined five percent and was 14 percent below 2019 levels for the same period. Ethanol stocks continued to build, climbing four percent to 22.1 million barrels, a 27-week high. Sugarcane ethanol imports continued to arrive on the West Coast, adding an additional 6.2 million gallons to ethanol supply during the week. The increase in ethanol output raised corn demand 252…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
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UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
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