PDF attached
Weekly US ethanol production increased 4,000 barrels per day (a Bloomberg poll looked for down 3,000) and stocks decreased 64,000 barrels (poll looked for up 174,000 barrels). Corn crop year to date ethanol production (early Sep to date) is running 7.8 percent below the same period a year ago. The ethanol blend rate into finished motor gasoline was 89.5 percent, down from 94.3 percent previous week. US gasoline demand is running about 9 percent below this time a year ago. Rolling spot corn prices are up 33 percent from this time last year.
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International
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Weekly_EIA_Ethanol_Data-FI012221.pdf