In the Midwest, ethanol production is expected to ramp back up to 1 million barrels per day after maintenance season finishes despite margins remaining thin. Production passed 1 million barrels per day in January but has wound down to 927,000 b/d in the week ended April 22 while Platts expects production was 935,000 b/d in […]
Across the Midwest, annual maintenance season for ethanol plants will be in full swing the next week or two which is expected to help reduce record-breaking stocks across the country and start to support prices ahead of summer driving season. With thin margins plaguing many producers, some plants may look to do more maintenance this […]
In the Midwest, the Energy Information Agency says ethanol production slipped to its lowest level last week since May 8 at 954,000 barrels per day on average. Despite the fall in production, stocks were higher around the country except for the major production center in the Midwest and Gulf Coast stocks where more exports originate […]
In the Midwest, crushing margins have improved 22% since last week, reaching a five-week high of 45.51 cents/gal thanks to lower feedstock prices and higher DDGS prices. Corn costs fell nearly 7% during the week to a five-week low while DDGS prices rose to a seven-week high of $148.49/st. Platts uses a model simulating the costs of ethanol production […]
In the Midwest, Platts estimates that ethanol margins fell by nearly 14% last week to 34.35 cents/gal to the lowest in six months and the third week in a row margins have fallen, due to higher feedstock costs and lower ethanol prices. Corn prices were higher but DDGS prices also reached a four-week high, helping […]
Across the Midwest, Platts estimates average crush margins rose by almost another 5% to 70.35 cents/gal, reaching a five-month high. Corn prices continues to fall while ethanol spot prices are slightly higher, a mix that helps to boost the crush margins higher.
Across the Midwest, the crushing margins for corn-based ethanol was up last week by nearly 6% to 64.19 cents/gal, a four-month high. Even though feedstock prices were up slightly, spot demand for ethanol boosted prices and therefore the crush margin.
Across the Midwest, dry mill ethanol crushing margins are estimated to have reached a four-month high of 60.69 cents/gal, up 2.26% on the week, thanks to lower corn prices that hit a 10-week low.
In the Midwest, ethanol prices are up 40% since Jan. 27 due to continued logistical challenges keeping the fuel from getting to market. Recently prices for April delivery hit $2.467 a gallon but some analysts believe it could go as high as $3 per gallon if ethanol doesn’t start reaching the coasts soon. The New […]
Across the Midwest, ethanol production fell at the fastest rate since 2010 due to the polar vortex. Just 868,000 barrels of ethanol a day were produced last week, 51,000 barrels per day less than the week before. Ethanol producers were forced to scale back production because they didn’t have the storage capacity for both the […]
