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Author: Bob Lane

2020 Corn Export Pace is 166% over 2019 Pace

Bob Lane | 11.19.2020

Weekly Soybean & Corn Exports Exceed Forecast

Soybean export sales for the 2020/21 marketing year of 1,387.7 thousand metric tons (TMT), a marketing-year low, were 81 TMT below last week's total and 18 percent below the four-week average of 1,694 TMT. No sales were recorded for the 2021/22 crop season, leaving total sales to 1,387.7 TMT. Combined crop year sales were six percent below last week's total but exceeded analyst estimates that ranged from 500 to 1,200 TMT. 2020/21 export commitments are...

Small Refinery Exemption Remanded to EPA

Ergon is a West Virginia refinery that meets the definition of a small refiner under the Renewable Fuel Standard...

DDGS Output Rises to Pandemic High

Ethanol production advanced 16,000 barrels per day to a 977 million-barrel-per-day average during the week ending November 6, 2020. Ethanol...

Reduced Corn and Soybean Production in Latest WASDE Report

The November World Agriculture Supply and Demand Estimates (WASDE) released by the USDA reflected a reduced yield per harvested...

Glycerin Prices Pause, Expected to Continue Higher

The crude and refined markets both appeared to bottom recently during the pandemic. Export values for both products...

LCFS Credit Volume Falls to 25-Week Low

Weekly LCFS credit volume of 52,297 was 86 percent below the average weekly credit volume for the year and...

Refiners Put Renewable Sector on Notice with Renewable Diesel

The reduction in refined product demand continued to weigh heavily on crude oil and refined products market during the...

Farmers Sell into Grain Rally, Wheat May Rebound

Soybean futures closed the week more than two percent lower, giving up all the gain from the prior week. Despite...

Grain Prices Reach Multi-Year Highs

Soybean futures rebounded from the prior week's decline, climbing three percent and closing at highs not seen since 2016. More...

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