According to the EIA’s Weekly Petroleum Status Report, ethanol production increased by 6,000 barrels to 930,000 barrels per day (b/d). Stocks moved higher, aided by increased production and increased import activity, despite gasoline demand shifting 3% higher. Ethanol stocks grew by 697,000 barrels 21.342 million barrels, pushing stocks to their highest level since late…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...