From: Terry Reilly
Sent: Wednesday, July 25, 2018 9:47:57 AM (UTC-06:00) Central Time (US & Canada)
Subject: FI US Ethanol Snapshot 07/25/18
PDF attached
The weekly DOE report showed ethanol production up 10,000 barrels per day (est. -11k) and stocks off 115,000 barrels (est. +51k). The report is friendly corn. Stocks are running at their lowest level since mid-June. US ethanol production is at its highest level since December 22, 2017. At 1.074 million barrels per day, ethanol production is 34k below the weekly record of 1.108 million for the week ending December 1, 2017. Ethanol futures are up 5 percent year-to-date.
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International │190 S LaSalle St., Suite 410│Chicago, IL 60603
W: 312.604.1366
AIM: fi_treilly
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.