PDF attached
Weekly US ethanol production rose a large 27 thousand barrels to 979,000 barrels per day, highest since November 20, 2020, and stocks decreased 1.047 million barrels to 19.393 million, lowest weekly stocks figure since December 30, 2016. PADD1 stocks fell 487,000 barrels and PADD3 stocks dropped 346,000, an indication exports could have been robust in early May and/or a good amount of ethanol was in-transit. Gasoline stocks increased 378,000 barrels to 236.2 million. Gasoline demand fell from the previous week but is up 19 percent from this time last year but off 3.8% from two year ago. Refinery and blender net input of oxygenates fuel ethanol was 888,000 barrels, 1,000 higher than the previous week. Ethanol blended into finished motor gasoline was running at 91.6%, slightly above the previous week.
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International
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Weekly_EIA_Ethanol_Data-FI051321.pdf