Weekly Ethanol Update – 7/15/20
Jul 10th Ethanol Run Rates Increased 1.9% Week-Over-Week, Reaching a 16 Week High
Jul ’20 Ethanol Production up 6.3% MOM but Down 11.8% YOY Through Two Weeks
Jul 10th Ethanol Stocks Declined 0.1% From the Previous Week
Jul 10th Weekly Declines in Ethanol Stocks Greatest in the Midwest
Jul 10th Total Ethanol Stocks Down 11.8% YOY, Midwest Stocks Down 17.4%
Jul ’20 Ethanol Stocks Down 2.2% MOM and 12.8% YOY Through Two Weeks
Jul ’20 Ethanol Stocks-to-Production Down 8.2% MOM and 1.1% YOY Through Two Weeks
May ’20 Ethanol Exports Declined 31.6% YOY, Jun ’20 Volumes Projected up 6.1%
Jul 10th Ethanol Imports Returned to Minimal Levels
Jul 10th Gasoline Sales Declined 1.3% From the Previous Week’s Three Month High
Jul ’20 Gasoline Sales up 5.7% MOM but Down 8.8% YOY Through Two Weeks
Jul ’20 Gasoline Stocks-to-Consumption Down 8.1% MOM, up 18.5% YOY Through Two Weeks
Jul ’20 Ethanol Blend Rate Down 1.8% MOM and 2.5% YOY Through Two Weeks