05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Ethanol & DDGS Production – Ethanol production continues higher, stocks decline
According to the EIA’s Weekly Petroleum Status Report, ethanol production inched 0.32% higher to 947,000 barrels per day (b/d) and stocks continued to fall, dropping 1.67% to 20.820 million barrels. The higher production increased the ethanol industry’s demand for corn, pushing it to 14.1 million bushels per day from 14.06 m/b, a 45,000 bushel a day increase from the prior weeks…