NASHVILLE, Tenn. (RFD-TV) — U.S. ethanol plants pushed production to a new weekly record even as gasoline demand weakened, creating a more mixed outlook for margins heading into winter. For producers, the latest data signals strong plant efficiency and steady grind — but softer downstream demand may limit near-term price strength.
According to the U.S. Energy Information Administration (EIA), ethanol output for the week ending November 28 rose 1.2 percent to 1.13 million barrels per day — equal to 47.29 million gallons daily and nearly 5 percent above last year. The four-week average also edged higher to 1.10 million barrels per day, an annualized pace of 16.94 billion gallons.
Stocks climbed 2.5 percent to 22.5 million barrels, though inventories remained slightly below year-ago levels. Builds occurred in every region except the Gulf Coast and West Coast.
The demand side weakened. Gasoline supplied to the market fell 4.6 percent to a 26-week low, and refiner/blender net inputs of ethanol dropped to their lowest level since early winter.
One bright spot was exports, which jumped 39 percent to 170,000 barrels per day — the highest in more than a year.
Farm-Level Takeaway: Strong plant output and rising exports contrast with softer domestic blending demand, suggesting margins are poised for volatility.
Tony St. James, RFD-TV Markets Specialist
Higher domestic rail tariffs and mixed capacity shifts will influence grain movement this harvest. Strong corn exports provide momentum, but logistics costs remain a critical factor.
September 30, 2025 04:12 PM
·
Malone, Senior Director of Trade Execution at Bunge, emphasized the importance of spaces where women can engage in meaningful conversations about global trade, supply chains, and leadership opportunities.
September 30, 2025 03:16 PM
·
Gov. Gavin Newsom has until October 12 to sign a bill passed by the California state legislature allowing E15 sales.
September 30, 2025 12:59 PM
·
The total value of the U.S. potato crop was $4.60 billion in 2024, representing an 8% decrease from the previous year.
September 29, 2025 06:00 PM
·
We caught up with Karen Braun, Chief Market Analyst at Zaner Ag Hedge, at the Women in Agribusiness to discuss the data behind commodity trading.
September 29, 2025 03:30 PM
·
A booming butterfat market is good for some dairy products but threatens efficiency and margins for cheesemakers unless protein levels catch up
September 29, 2025 12:53 PM
·
