Strength in furniture market drives hide demand from tanners
Hide bids were “within reason” according to several market participants midweek, on Wednesday October 30. The bulk of demand...
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US weekly ethanol production continues to climb; stocks hit 10-month low
Weekly average ethanol production in the US was 1.08 million barrels per day in the week to Friday October 25, up by 1,000 bpd from a week earlier and up by 2.9% year on year, according to reports by the US Energy Information Administration (EIA) on Wednesday October 30.
Ethanol stocks dropped to a 10-month low of 21.77 million barrels, down by 452,000 barrels week on week but up by 3.6% year on year.
Demand for corn increased by 0.1% from the...
