Ethanol Production & Stocks

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Ethanol Production & Stocks

Weekly ethanol corn grind was reported at 96.646 million bushels, down 2.5 million bushels from last week, but still 2.4 million bushels above the weekly number needed to reach the USDA '13/14 estimate of 4.9 billion bushels. Ethanol stocks continue their decline down 70 thousand barrels this week to 15.083 million barrels. Ethanol stocks are now down 1.2 million barrels (7%) since the marketing year began in September.



Source: EIA; Grind Rate: 2.75

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