| Okay while we wait on the Chinese to make good on the offer Trump has Thrown them..
"Ya wanna do business with us.. then Buy our Products and LOWER the Trade Gap.."
Life goes on with the domestic markets.. such as Ethanol. Trump may Love us.. but do we love him back?
Specifically WHAT IS BEING DONE TO RESTORE the ILLEGALLY WAIVED RINS? Which have COST the Ethanol INDUSTRY 2.25 BILLION GALLONS of LOST DEMAND!!
Here is Last week's ethanol update..
Domestic production is still up year on year (yoy) 0.3% as Domestic Producers remain SQUEEZED by ILLEGAL RIN WAIVERS from the Scott Pruitt era.. as we WAIT FOR A RESOLUTION?!?
Domestic Blended Ethanol is up 0.4% as Gasoline prices have fallen.. but still we see Gasoline demand has fallen 1.1% from earlier higher prices thus hurting e-10 blended sales.. while the Ethanol blend rate is UP 1.4% to 10.01% average so far for the year.
Ethanol stocks have fallen.. to almost.. under a year ago levels.. but not yet BELOW year ago. Next week?
TOTAL Ethanol DEMAND has set a RECORD of 1,223.4 k bbls of 10/26/18.. And Total Ethanol demand is up 1.3% YoY
However, AGAIN it's the War on Ethanol waged by the BIG OIL Interest in the Administration whom we are fighting.. and we NEED to MAKE SOME NOISE about ENDING THAT!! | | | | | | | | | | | Computed | | | | | | | | | | | | | Weekly Production | | | | | | | number to balance | Computed | Actual | Total | Weekly bu | | Weekly US | | | Week | | Blenders Input | Imports | Stocks | Capacity | Residual and exports | Exports | Exports | Ethanol | Grind | Monthly | Year | Supplied Finished | | | | Ethanol k bbls/day | k bbls /day | k bbls /day | k bbls | k bbls | | k bbls /day | k bbls | Monthly | EIA | demand | | | myn bu | Motor Gasoline | | | | | | | | | | | 37,936 | | | | | | | | 2.85 | conversion | | Ethanol as % of | | | | | | | | | | | | | | | | | | | | | | | | | 9/7/2018 | 1020 | | 918 | | 0 | | 22,894 | 60% | | 74.7 | | 523 | | | 992.7 | 105,221 | | | 9649 | 9.51% | | | 9/14/2018 | 1051 | | 928 | | 0 | | 22,746 | 60% | | 144.1 | | 1009 | | | 1072.1 | 108,419 | | | 9534 | 9.73% | | | 9/21/2018 | 1036 | | 901 | | 0 | | 22,629 | 60% | | 151.7 | | 1062 | | | 1052.7 | 106,872 | | | 8987 | 10.03% | | | 9/28/2018 | 1015 | | 917 | | 0 | | 23,445 | 62% | | -18.6 | | -130 | 2464 | | 898.4 | 104,705 | | | 9102 | 10.07% | | | 10/5/2018 | 1040 | | 913 | | 71 | | 24,021 | 63% | | 115.7 | | 810 | | | 1028.7 | 107,284 | | | 9078 | 10.06% | | | 10/12/2018 | 1011 | | 933 | | 0 | | 24,130 | 64% | | 62.4 | | 437 | | | 995.4 | 104,293 | | | 9182 | 10.16% | | | 10/19/2018 | 1024 | | 940 | | 15 | | 23,897 | 63% | | 132.3 | | 926 | | | 1072.3 | 105,634 | | | 9324 | 10.08% | | | 10/26/2018 | 1059 | | 936 | | 0 | | 22,746 | 60% | | 287.4 | | 2012 | 4185 | | 1223.4 | 109,244 | | | 9262 | 10.11% | | | 11/2/2018 | 1068 | | 917 | | 0 | | 23,150 | 61% | | 93.3 | | 653 | | | 1010.3 | 110,173 | | | 9099 | 10.08% | | | 11/9/2018 | 1067 | | 926 | | 37 | | 23,514 | 62% | | 126.0 | | 882 | | | 1052.0 | 110,069 | | | 9192 | 10.07% | | | 11/16/2018 | 1042 | | 928 | | 0 | | 22,791 | 60% | | 217.3 | | 1521 | | | 1145.3 | 107,491 | | | 9185 | 10.10% | | | 11/23/2018 | 1048 | | 924 | | 0 | | 22,930 | 60% | | 104.1 | | 729 | 3785 | | 1028.1 | 108,109 | | | 9188 | 10.06% | | | | | | | | | | | | | | | | | | | | | | | | | | 18/19 MY 12 wks | 1040.1 | | 923.4 | | 10.3 | | 23241.1 | 61.3% | | 124.2 | | 869.5 | 3478.0 | #DIV/0! | 1047.6 | 107,293 | | | 9231.8 | 10.01% | | | 17/18 MY 13 wks | 1036.8 | | 920.1 | | 5.5 | | 21381.9 | 56.4% | | 114.0 | | 798.1 | 3458.3 | 2063.0 | 1034.1 | 106,951 | | | 9335.7 | 9.86% | | | | | | | | | | | | | | | | | | | 341.9 | | | | | | | 18/19 vs 17/18 | 0.3% | | 0.4% | | | | 22044.0 | yr ago | | 8.9% | | 8.9% | 0.6% | #DIV/0! | 1.3% | 0.3% | | | -1.1% | 1.4% | | | | | | | | | | | | | | | estimated | Reported | | | | | | |
Weekly production number http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=w_epooxe_yop_nus_mbbld&f=w Weekly Blenders Input.. http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=w_epooxe_yir_nus_mbbld&f=w Weekly Imports of Ethanol http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPOOXE_IM0_NUS-Z00_MBBLD&f=W Weekly Stocks number http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPOOXE_SAE_NUS_MBBL&f=W Weekly US Product Supplied of Finished Motor Gasoline http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WGFUPUS2&f=W Monthly US Exports of Ethanol http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M_EPOOXE_EEX_NUS-Z00_MBBL&f=M |
Ethanol update.. Trump Administration yet to act on Waived RINS!!
