PDF attached
Weekly US ethanol production increased an as expected 4,000 barrels to 945,000 barrels, highest in a month. Early September to date US ethanol production is running 5.5% below the same period a year ago but remember at this time of year US ethanol production fell to 537,000 barrels per day. What was seen bullish was the decline of 711,000 barrels to US ethanol stocks to 19.736 (trade was looking for a 41,000 decline), lowest level since October 30, 2020. US gasoline stocks increased 92,000 barrels to 235.1 million, highest since late February. The ethanol blend rate into finished motor gasoline was 91.2%, up from 90.8% from the previous week.
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International
One Lincoln Center
18 W 140 Butterfield Rd.
Oakbrook Terrace, Il. 60181
W: 312.604.1366
ICE IM: treilly1
Skype: fi.treilly
Trading of futures, options, swaps and other derivatives is risky and is not suitable for all persons. All of these investment products are leveraged, and you can lose more than your initial deposit. Each investment product is offered only to and from jurisdictions where solicitation and sale are lawful, and in accordance with applicable laws and regulations in such jurisdiction. The information provided here should not be relied upon as a substitute for independent research before making your investment decisions. Futures International, LLC is merely providing this information for your general information and the information does not take into account any particular individual’s investment objectives, financial situation, or needs. All investors should obtain advice based on their unique situation before making any investment decision. The contents of this communication and any attachments are for informational purposes only and under no circumstances should they be construed as an offer to buy or sell, or a solicitation to buy or sell any future, option, swap or other derivative. The sources for the information and any opinions in this communication are believed to be reliable, but Futures International, LLC does not warrant or guarantee the accuracy of such information or opinions. Futures International, LLC and its principals and employees may take positions different from any positions described in this communication. Past results are not necessarily indicative of future results.
Weekly_EIA_Ethanol_Data-FI042821.pdf