PDF attached
US weekly ethanol production was up 23,000 barrels per day to 1.034 million (trade looking for up 11,000) and stocks increased 608,000 barrels to 19.588 million (trade was looking for down 29,000 barrels). Corn crop year to date production turned a corner and is now running 0.2% ahead of the same period a year ago, versus 0.7% lower week earlier. Much of the recovery is from a 21.2% year over year increase in US gasoline demand.
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
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