PDF attached
Weekly US ethanol production increased a large 64,000 barrels to 1.096 million (trade was looking for up 10,000), highest level since June 7, 2019, and a record for this time of year. This was the third consecutive increase. Stocks increased 233,000 barrels (trade was looking for a 127,000 increase) to 20.080 million, still relatively low for this time of year. Early September to date ethanol production is up 5.9 percent from same period year ago. US gasoline demand increased 448,000 barrels to 9.634 million barrels. Using a 4-week average, US gasoline demand is running about 1 percent below a comparable period during 2019 (up about 7 percent from 2020). Ethanol blended into finished motor gasoline fell to 91% from 93.1% previous week.
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International
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Weekly_EIA_Ethanol_Data-FI102021.pdf