From: Terry Reilly
Sent: Wednesday, September 19, 2018 9:56:00 AM (UTC-06:00) Central Time (US & Canada)
Subject: FI US Ethanol Snapshot 09/19/18
Weekly US ethanol production increased 31,000 barrels per day to 1.051 million, higher than trade expectations, 1.7 percent above the comparable period a year ago but 2.1% below 4 weeks earlier. US ethanol stocks decreased 148,000 barrels to 22.746, about in line with expectations. At 22.746 million barrels, ethanol stocks are up 7.8% from the comparable period a year ago. Days of inventory stand at 21.8, up from 21.5 last month and compares to 20.5 a year earlier. The weekly ethanol figures were viewed as neutral for corn futures. Note year to date corn futures are down about 2 percent while ethanol futures are off 6 percent. WTI year to date is up 17 percent.
Senior Commodity Analyst – Grain and Oilseeds
Futures International │190 S LaSalle St., Suite 410│Chicago, IL 60603
ICE IM: treilly1
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