Crude production up, ethanol production down for 2020

On Jan. 6, after trending upwards since early October 2019, Feb-20 WTI crude futures reached a nine-month-high. The contract rose almost 3 percent after tensions were heightened between Iran and the U.S. following the U.S. killing of Iranian Major General Qasem Soleimani. Since Jan. [...]

Rise in daily ethanol production despite low profit margins

Daily ethanol production averaged 1.06 million barrels during the first half of November, up from 1.02 million barrels per day during the first half of October and nearly the same as a year ago. Ethanol manufacturers seem to be maintaining production volumes despite eroding [...]

Strong ethanol share of cane in Brazil’s center-south campaign

In the first half of March, the center-south ethanol share was 83.5 percent of cane use; the cumulative ethanol share for the season that started last April now stands at 53.3 percent. The continued strength of the ethanol share ahead of the start of [...]