From: Terry Reilly
Sent: Wednesday, July 18, 2018 11:40:12 AM (UTC-06:00) Central Time (US & Canada)
Subject: FI US Ethanol Snapshot 07/18/18
· The weekly EIA report showed US ethanol production up 34,000 barrels per day to 1.065 million (Blomberg survey +16k), unchanged from the previous month, and 3.7 percent above the comparable date a year ago. Note production declined 34,000 barrels in the previous week.
· September 2017 through mid-July ethanol production is running 2.7 percent above the same period a year ago.
· US ethanol stocks decreased 625,000 barrels to 21.768 million barrels from the previous week. A Bloomberg survey was looking for a 74k decline.
Senior Commodity Analyst – Grain and Oilseeds
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ICE IM: treilly1
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