Weekly Stocks of Fuel Ethanol

Our stocks fell for the first time in 5 weeks, we dropped to 25.892, that’s still a large level of stocks. Typically, we see stocks declining in the February-May timeframe before stocks find some bottoming action in the May-July timeframe.

Given the fact that US ethanol is cheaper than Brazilian ethanol tells us that our exports of fuel ethanol could be good in April-May, and we would not be surprised to see our stocks of ethanol declining consistently as we move through the next 4-8 weeks.