WebFeb 1, 2024 · The crush of 187 million bushels was down 2 million from November and 11 million less than December 2024. Soybean oil production was down on the month and the year and while soybean meal production did improve from the prior month, it was below last year. The USDA’s next corn for ethanol use and soybean crush estimates are out … WebNov 13, 2024 · The crush margin measures the cost of ethanol against the cost of feedstock corn used to produce the biofuel. A simple crush margin can be calculated by …
As Corn Prices Shoot Up, Ethanol Margins Turn Negative
WebThe ethanol crush spread is a dollar value calculated as the difference between the combined sales values of ethanol and distillers’ dried grains with solubles (DDGS), and the cost of corn in producing ethanol. This is commonly known as the Gross Production Margin. Ethanol producers often use this spread to hedge the purchase price of corn ... WebMar 5, 2024 · For this update, Neeley Biofuels received $1.81 per gallon for its ethanol on the rack price -- a 44-cent spike since our December update. In addition, the plant … ej\u0027s pizzeria
Analyst watching US soybean crush projections
WebApr 3, 2024 · News. Corn for ethanol use, soybean crush down on month. Corn for ethanol use fell in February. The USDA says 399.844 million bushels of corn were used … WebMay 4, 2015 · The corn crush for ethanol was up from the short month of February, but still down a bit from January’s corn crush, according to the Grain Crushings and Co-Products Production report released May 1 by the USDA’s National Agricultural Statistics Service. The first quarter totals for 2015 are down slightly from the last quarter of 2014, the ... WebSep 30, 2014 · The NASS website was unveiled Sept. 29. In addition to the ethanol industry, other surveys being done in the CAIR program will cover flour milling, fats and oilseeds, and cotton. Under the CAIR survey program, wet and dry mill ethanol producers will receive separate surveys asking for each month’s corn crush and coproducts … ej\u0027s magazines \u0026 clips