From: Terry Reilly
Sent: Wednesday, February 12, 2020 10:41:20 AM (UTC-06:00) Central Time (US & Canada)
Subject: FI US Ethanol Snapshot 02/12/20
US weekly ethanol production fell 48,000 barrels to 1.033 million. A Bloomberg poll looked for it to be down 16,000. US ethanol stocks increased 884,000 barrels to 24.358 million (trade was looking for a 132k increase). For the past 4 weeks, ethanol production declined on average by 16,000 barrels and stocks increased 338,000 barrels. Corn crop year to date production is running 0.4 percent below the same period a year ago, an improvement from where it was running at the end of December (2.0 percent lower). The ethanol blend rate was running at 90.1 percent, above 89.7 percent previous week.
Senior Commodity Analyst – Grain and Oilseeds
Futures International │190 S LaSalle St., Suite 410│Chicago, IL 60603
ICE IM: treilly1
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