DDGS Supply May Slow as Ethanol Stocks Expand
Ethanol production declined 12,000 barrels per day to a 933 thousand-barrel-per-day average during the week ending January 22, 2021. DDGS and Ethanol volumes decreased as margins moved lower. Weekly output fell 1.3 percent and was nine percent below levels seen at this time last year. DDGS output declined by 1,141 metric tons per day and was 9,130 MT per day below production from a year ago.
Gasoline supply slipped 3.4 percent and was 11 percent below 2020 levels for the same period. Ethanol stocks declined to 23.62 million barrels, reaching a three-week low. There were no sugarcane ethanol imports on the West Coast for a sixth consecutive week. Reduced ethanol output lowered corn demand 178 thousand bushels per day. DDGS output moved with ethanol production, falling 1.3…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...