The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The US Energy Information Administration (EIA) estimated ethanol production for the week ended October 11 at 1.042 million barrels per day in its Weekly Petroleum Status Report released on Thursday.
The estimate was up by 4,000 bpd from the previous week’s figure and 7,000 bpd above estimated levels this time last year.
Fastmarkets estimates distillers’ corn oil (DCO) production at just under 9.89 million lb per day for the week ended October 11.
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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...