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Ethanol At A Glance


04

Ethanol at a Glance - May 4th Edition

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For the week ending on April 29, 2016 corn used in last week's production came in at 96.9 million bushels. This crop year's cumulative corn used for ethanol production is 3.563 billion bushels. Corn use needs to average just 93.7 million bushels per week to meet this crop year's USDA target of 5.250 billion bushels. See below.

 

 

Gasoline demand was up on the week, coming in 7.5% higher than this time last year.

 

Inventories this past week pulled higher climbing 572,000 barrels on the week.

 

Producer margins came in slightly lower on the week with the price of both ethanol and DDG’s trading lower on the week as well.

 

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Quotes are delayed at least 10-minutes. Market Data provided by Barchart.com
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