
DDGS Output Remains Elevated on Strong Ethanol Production
Per the EIA’s Weekly Petroleum Status Report, average weekly ethanol production remained very strong over the latest reporting period....
Not quite the follow through that some anticipated following the Commerce Departments announcement on their preliminary findings and countervailing duties on Argentine and Indonesian biodiesel imports. However, RINs did push higher, and with the B17’s trading at 118, prices closed at their highest level since December. The B17/E17 RIN spread expanded to 29 cents, continuing
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