US auto production slumps 32% in December; hide market quiet
The US hide market remained quiet on Wednesday February 26, with no new trades reported and prices holding steady....
US weekly average ethanol production decreased to 1.081 million barrels per day in the week to February 21, according to the US Energy Information Administration (EIA) report released on Wednesday February 26. Production was down by 3,000 bpd from the previous week but up by 0.3% year on year.
Ethanol stocks surged to 27.571 million barrels, marking the highest level since April 2020, up by 1.35 million barrels week on week and up by 6% year on year.
Demand for corn fell...