**Please Note** The Jacobsen will not publish the Grain & Feed Bulletin on Thursday in observance of the Thanksgiving holiday. A price update will be published on Friday without commentary. Regular programming will resume on Monday.**
Strong margins Support Ethanol and DDGS Production
Weekly ethanol production has increased in seven of the eight past weeks. For the week ending November 19, output climbed 19 thousand barrels per day to a 1.079 million-barrel-per-day average. Ethanol output was two percent above last week and nine percent over year ago levels. The production increase exceeded the average analyst estimate of 1.068 million barrels and was beyond the top end of their expected range. The Jacobsen reported production would be above the average analysts’ estimate due to DDGS pricing and continued…
05.08.2024
May STEO forecast, 2024 RVOs
The Energy Information Administration’s (EIA) Short Term Energy Outlook (STEO) showed a decrease in 2024 fuel consumption estimates. This lowered renewable fuel blending estimates for the year, leading to...
05.08.2024
DCO production falls, Gulf UCO trades higher
Used cooking oil (UCO) traded at 41.5 cents per lb delivered US Gulf on Wednesday May 8, up 1.5 cents per lb from the last reported level. UCO was...
05.08.2024
Porcine meat and bonemeal lower on diminished interest
The majority of US animal protein prices were steady on Wednesday May 8. Most values reported were within the previously set ranges, with exception to porcine ruminant bloodmeal on...