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Ethanol At A Glance


23

Ethanol at a Glance - December 23rd Edition

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For the week ending on December 18, 2015 the EIA reported a corn for ethanol grind of 102.17 million bushels. Grind rebounded this past week – down by 2.83 million bushels. This pegs the weekly grind going forward to meet the  USDA target at 96.7 million bushels per week.

See below.

 

Inventories are down 168,000 barrels.

Crush margins remain well below the breakeven providing producers with some of the lowest margins in months.

Gasoline demand came strong at 9.6% above the three year average.

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Quotes are delayed at least 10-minutes. Market Data provided by Barchart.com
These data and comments are provided for information purposes only and are not intended to be used for specific trading strategies. This commentary is written as a daily marketing tool to help farmers sell the grain they raise. Although all information is believed to be reliable, we cannot guarantee its accuracy or completeness. Past performance and testimonials are not necessarily indicative of future results. Commodity trading involves the risk of loss, and you should fully understand those risks before trading. This material should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any particular trading strategy, promotional element or quality of service provided by Roach Ag. Marketing, Ltd. Roach Ag. Marketing Ltd. is not responsible for any redistribution of this material by third parties, or any trading decisions taken by persons not intended to view this material. These materials do not necessarily reflect the viewpoints and trading strategies employed by Roach Ag Marketing, Ltd. All forecasts of market conditions are inherently subjective and speculative, and actual results and subsequent forecasts may vary significantly from these forecasts.