Weekly Ethanol Update – 3/24/21
Mar 19th Ethanol Run Rates Declined 5.0% From the Previous Week’s Two Month High
Mar ’21 Ethanol Production up 12.5% MOM but Down 3.8% YOY Through Three Weeks
Mar 19th Ethanol Stocks Rebounded 2.2% From the Previous Week’s Three Month Low
Mar 19th Weekly Increase in Ethanol Stocks Greatest on the West Coast
Mar 19th Total Ethanol Stocks Remained Down 9.7% YOY, West Coast Stocks Down 31.3%
Mar ’21 Ethanol Stocks Down 6.8% MOM and 12.0% YOY Through Three Weeks
Mar ’21 Ethanol Stocks-to-Production Down 18.5% MOM and 9.3% YOY Through Three Weeks
Jan ’21 Ethanol Exports Increased 8.9% YOY, Feb ’21 Volumes Projected Down 45.0% YOY
Mar 19th Ethanol Imports Remained at Minimal Levels for the 14th Consecutive Week
Mar 19th Gasoline Sales Increased 2.1% From the Previous Week
Mar ’21 Gasoline Sales up 8.7% MOM but Down 0.8% YOY Through Three Weeks
Mar ’21 Gasoline Stocks-to-Consumption Down 6.2% YOY Through Three Weeks
Mar ’21 Ethanol Blend Rate Down 1.9% MOM but up 1.6% YOY Through Three Weeks