NASHVILLE, Tenn. (RFD-TV) — Ethanol production edged up to a five-week high as harvest advances. EIA data analyzed by the Renewable Fuels Association show output at 1.07 million barrels per day (b/d) — about 45.11 million gallons/day — up 0.3 percent week over week, 3.1 percentcent above last year, and 4.2 percent over the three-year average. The four-week average eased 0.5 percent to 1.04 million b/d, an annualized pace of 16.00 billion gallons.
Inventories slipped 0.4 percent to 22.6 million barrels, yet remained 1.6 percent above a year ago and 4.1 percent over the three-year average. Stocks declined everywhere except the East Coast (PADD 1) and Rocky Mountains (PADD 4). Gasoline supplied — a demand proxy — fell 5.2 percent to 8.46 million barrels per day (b/d) (a 19-week low, ~129.97 bg annualized), 1.9 percent under last year and 3.3% below the three-year average.
Refiner/blender net inputs of ethanol rose 2.6 percent to 915,000 barrels per day (b/d) (~14.07 bg annualized), 0.3 percent above last year and 0.4 percent over the three-year average. Exports eased 21.7 percent to an estimated 108,000 b/d (~4.5 million gal/day). EIA has shown no imports for over a year.
Farm-Level Takeaway: Slightly higher output amid softer gasoline pull points to steady corn grind — watch regional stocks and export pace for basis clues.
Tony St. James, RFD-TV Markets Expert
As ag lawmakers in the Senate await the House vote on the Farm Bill, they are eager to discuss the challenges farmers face before it is their turn to take up the critical legislation.
March 26, 2026 04:29 PM
·
Productivity gains are supporting supply despite limited herd expansion.
March 26, 2026 03:23 PM
·
Brooks York with AgriSompo addresses how current market conditions and risk management are impacted by volatility in the Middle East, and considerations for farmers in the spring planting season.
March 26, 2026 02:57 PM
·
Farm CPA Paul Neiffer provided guidance on navigating the R&D tax credit, emphasizing record-keeping, eligibility, and maximizing potential savings as crop margins remain the key pressure point for farmers.
March 26, 2026 12:29 PM
·
RFA and ACE leaders join us to discuss the latest developments in ethanol policy, market impacts, and the path forward
March 26, 2026 11:49 AM
·
For agriculture, the meeting is seen as a potential turning point, with markets watching closely for any signals on trade, exports, and future purchasing commitments.
March 26, 2026 11:16 AM
·
