| This week's update finds.. Ethanol production down 20 k bbls vs Last week down 0.8% yoy, Domestic Blended up 19 k bbls and up 0.7% yoy, while Ethanol Stocks are up 150 k bbls for the week.. DOWN for the first time year on year at 23.5 million bbls vs 23.8 million bbls last year.
Implied exports at 886 k bbls are a little softer but we are still having a good month already up to 3.3 million bbls.. (estimated.)
The Average blend rate at 9.98% is up 1.7% on the Year.. so ethanol is having success penetrating the domestic market moving MORE ethanol while Gasoline supplied is actually DOWN 1% on the year.
Overall.. could be better.. could be worse.. so overall not bad. | | | | | | | | | | 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 | 2141 | 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 | 4178 | 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 | | | 1028.1 | 108,109 | | | 9188 | 10.06% | | 11/30/2018 | 1069 | | 896 | | 0 | | 23,030 | 61% | | 158.7 | | 1111 | 4896 | | 1054.7 | 110,276 | | | 8877 | 10.09% | | 12/7/2018 | 1046 | | 910 | | 0 | | 22,890 | 60% | | 156.0 | | 1092 | | | 1066.0 | 107,903 | | | 9036 | 10.07% | | 12/14/2018 | 1046 | | 924 | | 0 | | 23,873 | 63% | | -18.4 | | -129 | | | 905.6 | 107,903 | | | 9243 | 10.00% | | 12/21/2018 | 1042 | | 935 | | 0 | | 23,133 | 61% | | 212.7 | | 1489 | | | 1147.7 | 107,491 | | | 9348 | 10.00% | | 12/28/2018 | 1011 | | 868 | | 0 | | 23,162 | 61% | | 138.9 | | 972 | 3424 | | 1006.9 | 104,293 | | | 8623 | 10.07% | | 1/4/2019 | 1000 | | 815 | | 0 | | 23,254 | 61% | | 171.9 | | 1203 | | | 986.9 | 103,158 | | | 8735 | 9.33% | | 1/11/2019 | 1051 | | 862 | | 0 | | 23,351 | 62% | | 175.1 | | 1226 | | | 1037.1 | 108,419 | | | 8565 | 10.06% | | 1/18/2019 | 1031 | | 883 | | 0 | | 23,501 | 62% | | 126.6 | | 886 | 3315 | | 1009.6 | 106,356 | | | 8868 | 9.96% | | | | | | | | | | | | | | | | | | | | | | | | 18/19 MY 20 wks | 1038.9 | | 908.7 | | 6.2 | | 23254.4 | 61.3% | | 130.6 | | 914.2 | 3742.3 | 3159.5 | 1039.3 | 107,166 | | | 9103.9 | 9.98% | | 17/18 MY 21 wks | 1047.3 | | 902.6 | | 5.1 | | 21862.6 | 57.6% | | 132.8 | | 929.8 | 4053.0 | 2809.8 | 1035.4 | 108,036 | | | 9194.8 | 9.82% | | | | | | | | | | | | | | | | | | -870.2 | | | | | | 18/19 vs 17/18 | -0.8% | | 0.7% | | 20.7% | | 6.4% | | | -1.7% | | -1.7% | -7.7% | 12.4% | 0.4% | -0.8% | | | -1.0% | 1.7% | | | | | | | | | | | | | | estimated | Reported | | | | | | | | 1062 | | 826 | | Last year | 23800.0 | yr ago | | | | | | | | | | | | | | | | | -8.9 | | Lost per week | | | | | | | | | | | | 9313.9 | | | 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 |