PDF attached


Weekly US ethanol production as of June 11 dropped a much more than expected 42,000 barrels per day from the previous week (a Bloomberg poll looked for only 4,000 barrels) to 1.025 million and stocks increased 642,000 barrels (poll was +189,000 barrels) to 20.602 million, highest since April 2.  Gasoline product supplied was up 880,000 barrels, a large amount, to 9.360 million, highest in a month and a good indicator demand was good for that week.  The ethanol blend rate was 91%, up from 90.8% previous week.  We see no reason for USDA to make an adjustment to its 2020-21 US corn ethanol demand next month. 








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


ICE IM:  treilly1

Skype: fi.treilly


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