Average daily ethanol production was 1.094 million barrels during the week ending Jul. 21, marking five consecutive weeks of year-over-year growth and putting production at the highest weekly level since late October 2021. Cumulative 2022/23 corn use for ethanol was around 4.68 billion bushels, [...]
Next April, some Indian gas stations will begin retailing gasoline with a 20-percent ethanol blend, per the Business Standard. India is estimated to be the fifth-largest manufacturer of ethanol. The Modi administration has pursued bioethanol fuel use aggressively for several years to increase the [...]
Last week, ethanol use by blenders and refiners notched its first YOY gain since late May and was the highest daily average since early August 2021. On the other hand, ethanol production fell to a 15-week low as stocks remain weighty at over 23 [...]
In its March WASDE report, USDA made minor changes to the U.S. corn and soybean demand forecasts. USDA did not change its prior 2021/22 U.S. corn production estimate of 15.115 billion bushels. However, it did add 25 million bushels to both food, seed & [...]
In the week ending Feb. 18, U.S. ethanol ending stocks were 25.5 million barrels, a three-week high and up about 12 percent YOY. U.S. blending and refining use was 871,000 barrels per day (bpd), an eight-week high and up 20 percent YOY. Ethanol use [...]
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 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 [...]
