PDF attached
US weekly ethanol production was up a more than expected 22,000 barrels to 991 million, fifth consecutive week it was reported below 1.0 million barrels. A trade average was looking for a 7,000 barrel increase. Stocks increased 253,000 barrels to 24.140 million barrels. We are still hearing of rail car issues. Traders were looking for a 151,000 barrel draw in stocks. September 2021 to date ethanol production is running 9.1 percent above a year earlier. US gasoline stocks dropped 3.6 million barrels to 225 million and are down six consecutive weeks. The ethanol blend rate was 91% of finished motor gasoline.
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International
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Weekly_EIA_Ethanol_Data-FI051122.pdf