Ethanol production declined 34,000 barrels per day to a 957 million-barrel-per-day average during the week ending December 11, 2020. DDGS and Ethanol volumes pulled back from their highest levels since the pandemic was announced as current ethanol output seems to be higher than needed. Weekly output fell 3.4 percent and was 10 percent below levels seen at this time last year. DDGS output declined by 3,234 metric tons per day and was 11,403 MT per day below production from a year ago.
Gasoline supply increased for the first time in five weeks, rising five percent but was 10 percent below 2019 levels for the same period. Ethanol stocks continued to build, climbing four percent to 23 million barrels, a 29-week high. Sugarcane ethanol imports continued to arrive on the West Coast, adding an additional 4.4 million gallons to…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...