| RayJenkins - 9/4/2024 15:33
Ethanol rallies 17 cents from end of July to end of August......then pukes 19.5 cents last couple of days
is the "tapped out" consumer reducing gasoline consumption, too?
Hi Ray, hope all is well.
Ethanol report tomorrow (er later today)
Yal driving season is winding down.. etc. Ethanol exports are a little bit ahead of the record set in 2018..
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=m_epooxe_eex_nus-z00_mbbl&f=m
and other ethanol usage is also growing. There’s a refurbished ethanol plant coming back online this fall which is/will be cranking out SAF by St Louis.
Who knows how all that works out.. importing Canadian rapeseed to crush for SAF? Renewable Diesel?
Either way EIA says growth is coming..
https://www.eia.gov/todayinenergy/detail.php?id=62504
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Hey Jon.....what's up with ethanol price??
