According to the EIA’s Weekly Petroleum Status Report, ethanol production fell 1.7% to 936,000 barrels per day (b/d). Stocks also moved lower despite gasoline demand dropping nearly 9% from last week. Ethanol stocks dropped 64,000 barrels 20.483 million barrels. The lower production decreased the ethanol industry’s demand for corn, dropping it to 13.94…
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...