NASHVILLE, Tenn. (RFD NEWS) — U.S. ethanol markets opened 2026 with mixed signals, as domestic production and blending slowed while export demand remained a clear bright spot. Weekly data from the U.S. Energy Information Administration, analyzed by the Renewable Fuels Association, show ethanol production fell 2.0 percent to 1.10 million barrels per day in early January, slightly below last year but still well above the three-year average.
Domestic demand softened alongside lower gasoline consumption. Ethanol blending by refiners dropped sharply, hitting the lowest level since early 2023, while implied gasoline demand declined nearly five percent week over week. Ethanol stocks increased modestly, though inventories remain below both last year and the three-year average, suggesting supply is not burdensome.
In contrast, exports provided strong support. October ethanol exports surged 25 percent to a record 185 million gallons, led by Canada and by solid gains across Europe and Asia. Year-to-date ethanol exports are running 13 percent ahead of last year. DDGS exports were mixed, with steady demand from Mexico offset by weaker shipments to parts of Asia.
Farm-Level Takeaway: Export strength continues to underpin ethanol and corn demand, even as domestic fuel use shows seasonal softness.
Tony St. James, RFD News Markets Specialist
Hunter Biram, an extension economist with the University of Arkansas, is tracking Mississippi River water levels as grain shippers shift their focus to transportation following the wrap-up of fall harvest.
November 18, 2025 01:24 PM
·
With feed supplies running tight, producers can tap into some creative options, according to University of Pennsylvania Veterinarian and Professor Dr. Joe Bender.
November 18, 2025 01:13 PM
·
Lewis Williamson with HTS Commodities shares an update on post-WASDE grain movement, with corn leading export momentum, soybeans steady, and wheat and sorghum continuing to move selectively.
November 18, 2025 12:20 PM
·
China still has a long way to go before it meets its commitment to buy 12 million metric tons of U.S. soybeans this year.
November 18, 2025 11:23 AM
·
Here is a regional snapshot of harvest pace, crop conditions, logistics, and livestock economics across U.S. agriculture for the week of Monday, November 17, 2025.
November 17, 2025 05:05 PM
·
National Pork Board Chief Sustainability Officer Jamie Burr shares a closer look at the Pork Checkoff’s Pork Cares Farm Impact Report, a research program to increase trust in the pork supply chain.
November 17, 2025 02:03 PM
·
