During the week ending Dec. 25, weekly U.S. ethanol production averaged a two-month low of just 934,000 bpd, down over 4 percent on the week and down over 12 percent YOY.
Weekly ethanol use averaged 818,000 barrels per day (bpd), a seven-week high but down about 8 percent YOY. Early January is typically when ethanol blending rates see an annual low as travel and transport activity slows after the holidays.
Despite lower production and higher usage for the second consecutive week, stocks rose to over 23.5 million barrels, a seven-month high and up 11 percent from a month prior.
Weekly U.S. ethanol use by season
Posted by: Information Services Our Information Services team assists our clients with understanding commodity and ingredient market dynamics. Using our extensive database of intelligence, we also produce regular commodity and commercial market publications covering supply and demand fundamentals, news alerts on events that shape the markets, and resource guides to give you a complete picture of the industries we monitor.