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EIA, USDA out of sync for 2024 ethanol production

By |October 31, 2023|Categories: Biofuels, Corn & Soy Complex|Tags: , , , , |

In the October Short-term Energy Outlook, EIA projected 2024 ethanol production at 980,000 barrels per day, just slightly higher than 2021’s level. In 2020/21, [...]

NOPA September crush increased, above average expectations

By |October 26, 2023|Categories: Corn & Soy Complex|Tags: , , |

September 2023 soybean crush was below analysts’ expectations: Soybean crush increased for the month of September with about 165.0 million bushels crushed in September 2023. [...]

Early October three-session rallies for world sugar futures

By |October 25, 2023|Categories: Sugar|Tags: , , , , |

Benchmark Mar-24 #11 world raw sugar settled at 26.74 cents Oct. 6 after a three-session rally, straddling the 20-day moving average. The contract returned [...]

FAO reports world food prices down marginally in September

By |October 24, 2023|Categories: Dairy & Eggs, Edible Oils, Livestock & Poultry, Sugar, Wheat|Tags: , , , , , , |

FAO reported global food prices down marginally in September (adjusted for inflation). Year on year, the Food Price Index (FPI) was reported down 12 [...]

September corn use for ethanol up 11% YOY

By |October 19, 2023|Categories: Biodiesel, Biofuels, Corn & Soy Complex|Tags: , , , |

Weekly ethanol production has shown year-on-year growth since mid-June when output began to track 2019 volumes. At the start of October, average daily production [...]