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Production Jumps 84% from Prior Half (H1 CY2023) The December quarter of 2023 Was Highest Wheel Production Quarter in Company History GEELONG, Australia, Jan.…
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Soybeans, Grains Little Changed; Ethanol Production Jumps to Two-Year High
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Wheat Slightly Higher Overnight; Ethanol Output Surges to Two-Month High
Soybean futures and corn futures were higher in overnight trading while wheat futures declined.
2. Ethanol Production Jumps to Highest in a Month as Inventories Rise Ethanol output rose to the highest level in almost a month and inventories rebounded in the seven days that ended on April 30, according to the Energy Information Administration. Production of the biofuel increased to an average of 952,000 barrels a day, up from 945,000 barrels a week earlier, the EIA said in a report. That’s the highest level since the week that ended on April 2. In the Midwest, by far the biggest producing region, output rose to 904,000 barrels a day, on average, from 897,000 barrels the previous we...