PDF attached

 

US EIA weekly ethanol production declined 16,000 barrels per day to 974,000, near what the trade expected, and stocks increased 374,000 barrels, about what the trade also expected.  Note production is off from 990,000 posted last week, which hit highest level since when energy demand destruction significantly increased back in late March 2020.  September 2020 to date ethanol production is off 5.9 percent from the same period a year earlier.  Ethanol stocks have seen a decent build since the third week of October, and is 2.9 percent higher than this time year ago. 

 

 

 

 

 

 

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

 

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