Ethanol blending at six-month low

In the week ending Nov. 5, ethanol blending and refining use was at 893,000 barrels per day (bpd), the lowest weekly volume since mid-May and about 1 percent below the five-year average. Lower use helped ethanol stocks rise to a two-month high of roughly [...]

WASDE challenges expectations for domestic sugar & corn demand

Intriguing WASDE sugar forecasts this month: A look at the bottom line shows an increase of 118,000 short tons raw value (STRV) in 2019/20 ending stocks, perhaps prompting a sense of relief as supply and markets seem to be improving. But that does not [...]

June continues strong corn use for ethanol

Ethanol producers used 462.7 million bushels of corn in June, up 6 percent from last June. From September through June, 2017/18 corn use totaled 4.6 billion bushels, up 3 percent year over year and 83 percent of USDA’s season forecast of 5.6 billion bushels. [...]

Ethanol exports help move increased production

Jan-Apr ethanol production increased 2 percent from the same period in 2017—and in April increased almost 4 percent year over year—while monthly ending stocks declined from a 7 percent surplus year over year in January to a 1 percent deficit when comparing April volumes. [...]

China might increase U.S. ethanol imports…unless trade dispute continues

Last September, China announced a new policy requiring all gasoline to have a 10 percent biofuel blend by 2020. However, China does not have the capacity to produce enough ethanol to meet the mandate. Current production is around 2.5 million metric tons (MMT) a [...]