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With several participants attending the NARA Conference, a steady call was noted for multiple markets. However, DCO saw some moderate price increases as SBO also witnessed price growth on the CME. Reports of Forward DCO cost hikes have been noted as well, with a ₵66.50/ST FOB Iowa. UCO Illinois FOB and Southeast DEL both witnessed wider ranges in the market today, with contacts noting logistical issues as the cause.

The EIA estimated ethanol production for last week at 1.096 million barrel per day, the highest output since June 2019. The…