Ethanol Output Drops While Stocks Push Higher Nationwide

Rising ethanol stocks and softer gasoline demand bear watching, but stronger blending activity and exports offered some support.

Farmland producing ethanol for the oil and gas industry. Railroad tankers cars lined up near a ethanol plant at sunset_Photo by photogrfx via AdobeStock_496174713.png

Photo by photogrfx via Adobe Stock

NASHVILLE, TENN. (RFD NEWS) — U.S. ethanol production moved lower in the week ending April 17, even as inventories kept building. According to the latest from the U.S. Energy Information Administration (EIA), output fell 7.1 percent to 1.04 million barrels per day. That equals 43.68 million gallons per day and marked an 11-week low.

Even so, production still ran 0.7 percent above the same week last year and 5.6 percent above the three-year average. The four-week average slipped 1.7 percent to 1.09 million barrels per day, equal to 16.72 billion gallons annualized.

The weekly drop in output matters because ethanol margins can tighten when stocks rise faster than demand. Ethanol stocks increased 0.9% to 26.9 million barrels, up 5.8% from a year ago and 7.0 percent above the three-year average for the week.

Regionally, inventories grew on the East Coast to a one-year high and on the Gulf Coast to a six-year high. Stocks declined in the other regions, while gasoline supplied — a demand gauge — dipped 0.4 percent to 9.06 million barrels per day.

Refiner and blender net ethanol inputs improved 5.3 percent to 921,000 barrels per day, the strongest weekly pace since mid-September 2025. Exports also rose 12.3 percent to 91,000 barrels per day, and EIA again reported no ethanol imports.

Farm-Level Takeaway: Rising ethanol stocks and softer gasoline demand bear watching, but stronger blending activity and exports offered some support.
Tony St. James, RFD News Markets Specialist
Related Stories
The Cotton-4 are pushing hard for new value chain investments. Still, many U.S. cotton producers face unsustainable losses, and weakened regional textile capacity threatens the survival of the Carolina “dirt-to-shirt” supply chain.
Late harvest and tight supplies shape crop progress and agribusiness this week. Here is a regional snapshot of harvest pace, crop conditions, logistics, and livestock economics across U.S. agriculture for the week of Dec. 1, 2025.
Tryston Beyrer, Crop Nutrition Lead at The Mosaic Company, examines planning trends as producers weigh corn and soybean plantings for 2026.
Brooks York with AgriSompo joins us to offer an update on what agents are prioritizing as the calendar year winds down.
The newly elected Executive Vice President of the Tennessee Cattlemen’s Association (TCA), Dale Parker, joins us on-set to share his vision for his state’s cattle industry.
SDRP Stage 2 now helps producers recover shallow, uninsured losses from major 2023–2024 disasters, with streamlined sign-ups open through April 30.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Record milk output looks strong today, but shrinking replacement numbers mean future supply adjustments could be faster and more volatile.
Often overlooked, cotton wholesalers act as stabilizers during market stress, translating fragmented retail demand into workable production programs for mills and manufacturers.
Strong blending demand continues to support ethanol use even as production and exports fluctuate.
Farm CPA Paul Neiffer helps producers navigate farm program payments and understand the key details farmers need to know.
Early indications suggest the U.S. cattle industry may be nearing the end of its liquidation phase. Oklahoma State University livestock economist Dr. Derrell Peel says the industry could be at or near the cyclical low.
Beef x Dairy cattle with strong genetics and documentation are earning prices comparable to native feeders.
Agriculture Shows
Hosted by Scott “The Cow Guy” Shellady and RFD News Markets Specialist Tony St. James, Commodity Talk delivers expert insight into the day’s ag commodity markets just before the CME opens. Only on RFD-TV and Rural Radio SiriusXM Channel 147.
A look at the news, weather and commodities headlines that drove agriculture markets in the past week.
Everything profits from prairie. Soil, air, water — and all kinds of life! Learn how you can improve your land with prairie restoration, cover crops and prairie strips, while growing your bottom line.
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.