Weekly fuel prices decline
Average retail prices were again lower for the week ending Jan. 5 (see table), according to the Energy Information Administration.
Ethanol production lower
The Renewable Fuels Association (RFA) released ethanol production data for the week ending Jan. 2:
Ethanol production: 39.9 million gallons/day, the lowest average in eight weeks. The four-week average for ethanol production calculates to an annualized rate of 14.96 billion gallons.
Corn used: 14.39 million bushels/day
DIstillers grains production: 94,421 metric tons/day
Regional DDGs prices
Regional distillers dried grain prices for Jan. 7, from the USDA Market News/National Feedstuffs Market Review. Prices are $/ton, and reflect changes from previous week.
Eastern Corn Belt: steady to 5 lower from 165-205
Chicago area: steady from 175-185
Lawrenceburg, IN: not available
Nebraska: steady to 10 lower from 168-190
Minnesota: 5 to 10 lower from 155-170
Kansas: 35 higher from 175-200
Iowa: steady to 5 higher from 150-185
Northern Missouri: steady to 10 higher from 180-195
South Dakota: mixed 15 lower to 3 higher from 153-165
St. Louis: steady to 5 higher from 170-200
Wisconsin: steady from 160-1850
California (rail delivered): steady to 10 higher from 230-240