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 million bushels per…
04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...