Weekly Ethanol Update – 3/11/20
Mar 6th Ethanol Run Rates Declined 3.2% Week-Over-Week
Mar ’20 Ethanol Production Down 0.7% MOM but up 4.3% YOY Through One Week
Mar 6th Ethanol Stocks Declined 2.5% From the Previous Week’s Record High Level
Mar 6th Weekly Decline in Ethanol Stocks Greatest in the Midwest
Mar 6th Total Ethanol Stocks Remained up 2.5% YOY, West Coast Stocks up 26.2%
Mar ’20 Ethanol Stocks Down 1.5% MOM but up 0.7% YOY Through One Week
Mar ’20 Ethanol Stocks-to-Production Down 0.8% MOM and 3.5% YOY Through One Week
Jan ’20 Ethanol Exports Increased 18.2% YOY However Feb ’20 Volumes Projected Down 7.6%
Mar 6th Ethanol Imports Remained at Minimal Levels
Mar 6th Gasoline Sales Increased 2.9% Week-Over-Week, Reaching a Four Month High Level
Mar ’20 Gasoline Sales up 5.4% MOM and 3.0% YOY Through One Week
Mar ’20 Gasoline Stocks-to-Consumption Down 8.9% MOM and 1.2% YOY Through One Week
Mar ’20 Ethanol Blend Rate Down 2.3% MOM and 2.1% YOY Through One Week