Ethanol Production & Stocks

posted on
Ethanol Production & Stocks

Weekly ethanol corn grind was reported at 101 million bushels, up 3 million bushels from last week and 5.7 million bushels above the weekly number needed to reach the recently increased USDA '13/14 estimate of 4.95 billion bushels. This week’s 101 million bushel grind is the highest single week production number since January 13th 2012. Ethanol stocks increased for the second week in a row, up 2% from last week. The downward trend in ethanol stocks since the crop year start looks to have firmed up.


Source: EIA; Grind Rate: 2.75

Categories: | Tags: Ethanol Production , Ethanol Stocks , Ethanol , Corn Grind | Comments: (0) | View Count: (2826) | Return

Post a Comment

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.