Ethanol & DDGS Output Consolidates as Margins Narrow
Ethanol production increased 1,000 barrels per day to a 937 thousand-barrel-per-day average during the week ending February 5, 2021. DDGS and Ethanol volumes continue to consolidate as plants head into planned maintenance season. Weekly ethanol output edged fractionally higher but was 9.3 percent below levels seen at this time last year. DDGS output also edged higher but was 10,231 MT’s per day below production from a year ago.
Gasoline supply increased 1.1 percent but was 10 percent below 2020 levels for the same period. Ethanol stocks declined two percent to 23.8 million barrels, pulling back from the 39-week high reached a week ago. There were no sugarcane ethanol imports on the West Coast for the eighth consecutive week. Increased ethanol output…
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...