PDF attached

 

Weekly US ethanol production was off a more than expected 33,000 barrels (traders looked for down 11k) to 1.003 million from the previous week and stocks down a large 626,000 barrels to 25.903 million (traders were looking for an increase of 96k).  US ethanol production rebounded about 10 percent from this time year ago and is about 1.3 percent above this time two years ago, when pandemic started to impact demand. US gasoline stocks are down 2 million barrels from the previous week at 236.8 million barrels and demand for gasoline is down 2.5% from year ago. Ethanol blended into finished motor gasoline was a large 93.1 percent, up from 91.2% previous week. 

 

 

 

 

 

Terry Reilly

Senior Commodity Analyst – Grain and Oilseeds

Futures International
One Lincoln Center
18 W 140 Butterfield Rd.

Oakbrook Terrace, Il. 60181

W: 312.604.1366

treilly@futures-int.com

ICE IM:  treilly1

Skype: fi.treilly

 

Description: Description: Description: Description: FImail

 

Trading of futures, options, swaps and other derivatives is risky and is not suitable for all persons.  All of these investment products are leveraged, and you can lose more than your initial deposit.  Each investment product is offered only to and from jurisdictions where solicitation and sale are lawful, and in accordance with applicable laws and regulations in such jurisdiction.  The information provided here should not be relied upon as a substitute for independent research before making your investment decisions.  Futures International, LLC is merely providing this information for your general information and the information does not take into account any particular individual’s investment objectives, financial situation, or needs.  All investors should obtain advice based on their unique situation before making any investment decision.  The contents of this communication and any attachments are for informational purposes only and under no circumstances should they be construed as an offer to buy or sell, or a solicitation to buy or sell any future, option, swap or other derivative.  The sources for the information and any opinions in this communication are believed to be reliable, but Futures International, LLC does not warrant or guarantee the accuracy of such information or opinions.  Futures International, LLC and its principals and employees may take positions different from any positions described in this communication.  Past results are not necessarily indicative of future results.