NASHVILLE, Tenn. (RFD News) — U.S. ethanol production climbed to an 11-week high as gasoline demand improved and exports moved higher.
According to Energy Information Administration data analyzed by the Renewable Fuels Association, ethanol production for the week ending June 26 rose 2.5 percent to 1.12 million barrels per day. That equals 46.91 million gallons daily.
Output was 3.8 percent above the same week last year and 5.2 percent above the five-year average. The four-week average increased slightly to 1.10 million barrels per day, equal to an annualized rate of 16.97 billion gallons.
Ethanol stocks rose 0.4 percent to 24.7 million barrels, a five-week high. Inventories were built in the Midwest and on the West Coast but declined in other regions.
Gasoline supplied, a measure of implied demand, jumped 4.1 percent to 9.13 million barrels per day. Ethanol exports rose 4.1 percent to 126,000 barrels per day.
Farm-Level Takeaway: Corn producers should track ethanol production, stocks, gasoline demand, and exports because fuel demand supports domestic corn use.
Tony St. James, RFD News Markets Specialist
Lewie Pugh with OOIDA states that the EPA’s updated diesel emissions proposal does not fully meet the needs of small-truck operators and agriculture-dependent businesses.
Purdue University economists say one of the biggest challenges is that AI recommendations don’t always match real-world conditions in the field.
On a year-over-year basis, producer prices increased 5.5 percent, down from a 6.0 percent annual gain the previous month.
Brazil’s growing use of corn for ethanol could reshape global grain demand while increasing competition in biofuel markets.
Weather remains the biggest market driver as corn pollinates, while Guatemala’s E10 mandate and growing demand in Latin America create new opportunities for U.S. ethanol exports.
For agriculture, lower energy prices could provide some near-term relief for fuel-related operating costs, though producers continue to face elevated expenses for labor, crop inputs and financing. The