July 6, 2022
Fargo, US 75 F

Weekly Ethanol Production for 4/29/2022

According to EIA data analyzed by the Renewable Fuels Association for the week ending April 29, ethanol production expanded by 6,000 barrels per day (b/d), or 0.6%, to 969,000 b/d, equivalent to 40.70 million gallons daily. Production was 1.8% more than the same week last year and 4.6% above the five-year average for the week. The four-week average ethanol production volume decreased 0.8% to 969,000 b/d, equivalent to an annualized rate of 14.85 billion gallons (bg).
Ethanol stocks thinned by 0.3% to a fifteen-week low of 23.9 million barrels. However, stocks were 16.9% higher than a year ago and 5.2% above the five-year average. Inventories declined in the East Coast (PADD 1) and Midwest (PADD 2) but increased across the other regions.
The volume of gasoline supplied to the U.S. market, a measure of implied demand, rose 1.3% to 8.86 million b/d (135.76 bg annualized). Demand was 0.1% less than a year ago and 0.7% below the five-year average.
Refiner/blender net inputs of ethanol improved by 1.1% to 895,000 b/d, equivalent to 13.72 bg annualized. Net inputs were 0.9% more than a year ago and 5.2% above the five-year average.
There were no imports of ethanol for the fourteenth consecutive week. (Weekly export data for ethanol is not reported simultaneously; the latest export data is as of March 2022.)
Previous Article

NMPF Looks Forward to White House Conference on Nutrition, Emphasizes Dairy’s Role

Next Article

La Niña’s Impact on Soil and Crops Depends on Location