From: Terry Reilly
Sent: Thursday, February 20, 2020 10:19:36 AM (UTC-06:00) Central Time (US & Canada)
Subject: FI US Ethanol Snapshot 02/20/20
PDF attached
US weekly ethanol stocks increased 423,000 barrels to a record 24.781 million barrels. A Bloomberg poll looked for a 47,000-barrel increase.
US weekly ethanol production was up 7,000 barrels to 1.040 million. A poll called for a 16,000-barrel increase. Ethanol production over the past 4 weeks is down on average 2,000 barrels. Production is finally catching up to last year’s pace, on a corn crop-year year calendar basis (Sep-Aug). Sep 1 to date production is running 0.2% below last years pace, compared to 1.6 percent at the beginning of the year. Gasoline stocks declined nearly 2 million barrels from the previous week.
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International │190 S LaSalle St., Suite 410│Chicago, IL 60603
W: 312.604.1366
AIM: fi_treilly
ICE IM: treilly1
Skype: fi.treilly
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Weekly_EIA_Ethanol_Data-FI022020.pdf