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 [...]

Corn slides for quiet end to the week

Futures activitySep-21 corn futures hit $5.71 per bushel on Wednesday, based off continued dry weather outlooks in the Midwest. Prices then fizzled out and dropped 24 cents per bushel on Thursday and Friday, with Sep-21 futures closing the week at $5.47 per bushel.S&D and fundamental [...]

Ethanol use continues upward climb

For the week ending May 22, ethanol production continued its upward trend to 724,000 barrels per day (bpd), a four-week high but down roughly 32 percent from this time last year. Weekly production rose each week in May. Ethanol use by blenders and refiners averaged [...]