PDF attached
Weekly ethanol production increased 10,000 barrels per day to 975,000 (trade looking for 3,000 decrease) and stocks were off 472,000 barrels (trade looking for up 55,000) to 20.642 million. This is the lowest stocks figure since November 13 and highest weekly ethanol production since December 18. September 2020 year to date ethanol production is still running 9.2% below the same period a year ago. Gasoline demand fell 110,000 barrels from the previous week. We are using 4.940 billion for corn for ethanol use, 10 million below USDA.
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International
One Lincoln Center
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Oakbrook Terrace, Il. 60181
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ICE IM: treilly1
Skype: fi.treilly
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Weekly_EIA_Ethanol_Data-FI040721.pdf