From: Terry Reilly
Sent: Wednesday, April 15, 2020 10:00:54 AM (UTC-06:00) Central Time (US & Canada)
Subject: FI US Ethanol Snapshot 04/15/20
US ethanol production dropped to a new weekly low in recorded history (for weekly data) to 570,000 barrels, a 102,000 decrease from the previous month. Over the past six weeks its down 509,000 barrels or 47 percent. Stocks increased 378,000 barrels to a record 27.469 million barrels. Stocks are up 10 percent over the past six weeks. See our sobering attached charts that justify the 16 percent year to date in nearby corn futures.
January-April 15 price changes
Senior Commodity Analyst – Grain and Oilseeds
Futures International │190 S LaSalle St., Suite 410│Chicago, IL 60603
ICE IM: treilly1
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