Ethanol Production Declines Slightly While Weekly Stocks Increase

Stable blending demand continues to underpin corn use despite export volatility.

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)Ethanol production eased modestly last week, but output remains stronger than year-ago levels, continuing to support corn demand despite softer export movement.

Energy Information Administration data analyzed by the Renewable Fuels Association show that production for the week ending February 20 declined 0.4 percent to 1.11 million barrels per day, equal to 46.75 million gallons per day. Output was 3.0 percent above the same week last year and 5.6 percent above the three-year average. The four-week average held at 1.07 million barrels per day, or 16.51 billion gallons annualized.

Refiner and blender net inputs were unchanged at 866,000 barrels per day, running 2.4 percent ahead of last year. Gasoline supplied dipped 0.2 percent but remained 3.3 percent above year-ago levels.

Ethanol stocks rose 0.2 percent to 25.6 million barrels, though inventories remain 7.0 percent below last year and 1.8 percent under the three-year average. Exports fell 20.3 percent to 141,000 barrels per day.

Looking ahead, steady domestic blending may offset export weakness if seasonal fuel demand improves.

Related Stories
One trader said the products entering the U.S. are primarily grind and trim, noting that the volume and type of beef, on its own, should not cause a major disruption. However, he says fund traders are reacting heavily to headlines rather than market realities.
According to November’s Cattle on Feed Report, Nebraska now leads the nation in cattle feeding as tighter supplies continue to reshape regional market power and long-term price dynamics.
Lower U.S. and Mexican production means tighter sugar supplies and greater reliance on imports headed into 2026.
The agriculture workforce remains strong and diverse, offering meaningful pathways for students pursuing careers that support the food and farm economy.
Lower tariff rates and new rail-service proposals may improve corn movement efficiency during early-season marketing.
Early Cattle-on-Feed estimates point to slightly tighter cattle supplies, reinforcing the need to monitor prices and timing for winter marketing.

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:

Experts say farmers and ethanol producers would benefit from a risk-based ILUC system that protects forests without relying on speculative modeling.
Farmland values remain stable, but weakened credit conditions and lower expected farm income signal tighter financial margins heading into 2026.
Ethanol exports are expanding on strong demand from Canada and Europe, while DDGS shipments remain broad-based and supportive for feed markets.
Mary-Thomas Hart, with the National Cattlemen’s Beef Association, discusses the latest WOTUS developments and their implications for agriculture.
Only properly documented, unexhausted fertilizer applied by prior owners may qualify for Section 180 expensing; broader nutrient-based claims carry significant legal and tax risk.
Urea and phosphate see the biggest price relief from tariff exemptions, but nitrogen markets remain tight, and spring demand will still dictate pricing momentum.