Corn market feels pressure from uncertain demand

Harvest of the U.S. corn crop has begun. Production remains a little uncertain, with just 29 percent of this year’s crop at maturity as of Sep. 22, about two weeks behind the average pace of development. So far, it appears the weather will be [...]

U.S. ethanol production at four-year low

U.S. ethanol production averaged 1.02 million barrels per day during the week ending Aug. 16, down 2.1 percent for the week and down around 4.7 percent YOY. Since mid-July, this year’s weekly ethanol production has lagged last year’s volume by around 4 percent. Weekly [...]

Ethanol production, use, and ending stocks all dip slightly last week

Ethanol production dipped slightly to 1.08 million barrels per day during the week ending June 14, down about 1 percent from the week before and up just over 1 percent YOY. Weekly use by blenders and refiners also fell slightly from the previous week [...]

Four-week average daily ethanol production down 4 percent YOY

Average ethanol production last week was 1.03 million barrels per day, up 3 percent from the previous week but another week of year-over-year decline. Most-recent four-week average daily production was just over 1.0 million bpd. Earlier this month, USDA trimmed projected 2018/19 corn use [...]

Has weekly ethanol production hit a winter low point?

Since October, weekly ethanol production has followed last year’s pattern, although on average at about 1 to 2 percent lower daily production rates. The similar year-over-year volume makes sense given that U.S. gasoline consumption in 2018 was nearly unchanged from the year before, and [...]