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The weekly US ethanol production fell 27,000 barrels per day to 986,000 barrels (trade was looking for down 3,000 barrels) and stocks decreased 373,000 barrels to 22.276 million (trade was looking down 32,000).  Production was lowest since May 7.  Ethanol production on a corn crop-year basis appears to be on track to expand 3.5% from the previous season.  US gasoline stocks fell 345,000 barrels to 9.430 million.  Ethanol blended into finished motor gasoline was 93.9% last week, up from 93.1% previous week.  USDA is using 5.050 billion for 2021-22 for corn for ethanol use.  It might end up slightly higher than USDA’s estimate.  We will update our US corn S&D post USDA report (prior to this week we were at 5.077 for US corn for ethanol use).