**Please Note – Bob Lane was out of the office today and will return on January 31.**
EIA: Ethanol Production Declines, while Inventories Rise
U.S. ethanol production dropped during the week ending January 21, as inventories rose, data released by the EIA showed. Output was down 18,000 barrels per day, or 1.7 percent to a total of 1.035 million b/d. Ethanol production in the key Midwest region fell by 15,000 b/d, or 1.5 percent, to 979,000 b/d. During the week, Gulf ethanol output was down 7,000 b/d, or 1/4 percent to 21,000 b/d.
For a fourth straight week, domestic ethanol stocks rose. Invetories increased 884,000 barrels, or 3.7 percent during the week ending January 21 to a total of 23.592 million barrels, or their highest level since May 2020. Midwestern ethanol stocks were up about two percent from the week before to a total of 10.107 million barrels. Inventories on the East Coast were…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...