In Washington, DTN reports Energy Information Administration data shows ethanol stocks continue to shrink as production remains below consumption. Production reached its highest since the COVID-19 pandemic began a year ago with an average production of 890,000 bpd but stocks fell to a 21-week low of 20.518 million barrels, more than 25% lower than the […]
In Washington, Brownfield Ag News reports that Energy Information Administration data shows ethanol stocks continued to shrink while production increased to 975,000 barrels per day. Stocks fell to the lowest seen since mid-November at 20.642 million barrels. With the COVID-19 pandemic and associated lockdowns having passed the one-year mark, statistics are now comparing COVID years […]
In Washington, U.S. Energy Information Administration (EIA) announced that it will release expanded monthly biofuels data through a new report—the Monthly Biofuels Capacity and Feedstocks Update. On March 31, 2021, EIA plans to publish the first edition of this report, which will contain January 2021 data. EIA will also modify petroleum and biofuel volumetric balances […]
In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production rose to an average of 971,000 barrels per day last week, the highest seen since December 2020, but even so, stocks continued to shrink to a three-month low. Ethanol production remained 64,000 barrels per day lower than during the same period last […]
In Washington, Platts reports Energy Information Administration data shows ethanol production rose last week to 938,000 b/d but still remains 85,000 b/d lower than the same period last year. Although production continues to rise following the massive slump due to unusual winter weather, ethanol stocks dropped further to 22.070 million barrels, falling 355,000 barrels on […]
In Washington, Reuters reports that in response to the increase interest in and demand for renewable diesel, the USDA is preparing to adjust its soy reporting in the World Agriculture Supply and Demand Estimates (WASDE) report while the Energy Information Administration is going to adjust its reporting as well to include more detailed data on […]
In Washington, DTN reports Energy Information Administration data shows ethanol production made a quick comeback following “snowmaggedon” that hit much of the US the week prior, producing 849,000 bpd, an increase of 29% over the week prior. Demand rose more than 12% over the prior week as well, helping to eat into ethanol stocks. Stocks […]
In Washington, D.C., year-end data released by the U.S. Energy Information Administration provides evidence of both the impact of the COVID-19 pandemic and the resilience of the ethanol industry, according to the Renewable Fuels Association. U.S. ethanol production fell to 13.93 billion gallons last year, down 1.85 bg, or 11.7%, from 2019. It was the […]
In Washington, the Energy Information Administration says prices of renewable identification number (RIN) credits have been steadily rising in recent months and are approaching their highest nominal levels in the history of the program. The corn ethanol (D6) RIN price reached more than $1.00 per gallon (gal) in late January and early February 2021, the […]
In Washington, DTN reports Energy Information Administration data shows the recent winter storms that left much of the US under snow and with below freezing conditions cut ethanol production by 27.8% to 658,000 bpd, the lowest since May 2020. As a result, stocks also fell, to 22.785 million barrels, a 12-week low and more than […]
