Summary: US ethanol production was down 2.5% this past week which was in line with expectations. Ethanol stocks slipped less than 1% . Gasoline consumption was down but is slightly higher than what it was in 2019! Futures-based ethanol producer margins on Jul 13 were -4.20 cents/gln, down 67 cents from the previous week. Blender margins were…
Summary: Brazil shipped 2.72 MMT of soybeans this past week. There were no Argentine soybean exports. US export inspections were 200,933 MT. The Brazil ship lineup indicates that 9.5 MMT could be shipped in July. In the July WASDE, the USDA lowered its projection for Brazil’s local marketing year exports by 1 MMT to 86.5 MMT…
Click here to view the data Sir/Ms: Attached is a table that provides estimates of the latest weekly shipments of wheat, corn and soybeans from principal exporters. Soybean exports were up 371,000 MT from the previous week and cumulative exports are up 2.5% from a year ago. USDA projects global soybean exports to be…
Click here to view the data There’s a LOT of numbers in these tables. If you see any errors, please let me know.
Summary: US ethanol production was up slightly this past week. Ethanol stocks dropped 2.3% . Gasoline consumption jumped this week and is now ABOVE what it was in 2019! Futures-based ethanol producer margins on Jul 07 were 29 cents/gln, up 30 cents from the previous week. Blender margins were -1.44 cents/gln, up 0.92 cents from the previous…
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