
World Vegetable Oil Prices Mixed Despite Sharp Rally in Crude Oil
World vegetable oil prices were mixed on Tuesday despite a continuation of the sharp rally in crude...
According to the EIA Weekly Petroleum Status Report, ethanol production increased 61,000 barrels per day to a 598 million-barrel-per-day average during the week ending May 01, 2020. Production moved higher for the first time in nine weeks, rising 11 percent but is 43 percent below production levels at this time last year. DDGS output increased 5,800 metric tons daily for the week but is down 41,657 MT daily from a year ago.
Gasoline supply increased 14 percent to 6.7 million barrels ...
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