Weekly Stocks of Fuel Ethanol

Despite gradually increasing ethanol production as more and more restrictions are lifted, ethanol stocks are declining on a consistent basis and have been going back to about the first of March. Our current ethanol stocks at 18.986 mil barrels is easily the lowest stocks level for this time of year and the lowest stocks in about 4 years. The positive news is that the decline in ethanol stocks is taking place despite a gradual increase in ethanol production.