US hide prices flat ahead of Thanksgiving; auto demand remains weak
Trading in the US hide market was minimal ahead of Thanksgiving, with most US-based sellers traveling for the holiday....
US weekly average ethanol production reached a new record high of 1.119 million barrels per day in the week to Friday November 22, according to the US Energy Information Administration (EIA) report on Wednesday November 27. This marked an increase of 9,000 bpd the previous week and of 10.7% year on year.
Ethanol stocks were reported at 22.869 million barrels, up by 306,000 barrels week on week and by 7% year on year.
Demand for corn increased by 0.8% from the previous...