Top

Tag Archives | Ethanol

Weekly Petroleum and Ethanol Report

The EIA came out with its Weekly Petroleum Status Report today. We like to do some analysis and publish an excellent summary of the results. Both this report and our look at the weekly Ethanol numbers are below. New this week, our Energy Report was expanded to cover crude oil stocks at Cushing, OK along […]

Continue Reading

Weekly Ethanol Report – 2014.02.26

Ethanol production for the week ending February 21 averaged 905 thousand barrels per day. This is up 0.22% vs. last week and up 11.45% vs. last year. Total Ethanol production for the week was 6.335 million barrels. Stocks as of February 21 were 17.024 million barrels. This is down 1.04% vs. last week and down […]

Continue Reading
Corn Cob

Gloomy Outlook for Ethanol Stocks

Ethanol production reports continue to show substantial production progress week/week in addition to staggering drops in stocks.  Ethanol stocks for the week ending May 24th averaged 16.05 million barrels, the lowest since October 15th, 2012 when stocks were estimated at 16.03 million. Even more telling is that the decline  has been accelerating since January 1st […]

Continue Reading
Corn Cob

Ethanol Production Report Offers a Mixed View – Bullish on Stocks Decline but Bearish on Weekly Production

Ethanol production for the week ending March 8th averaged 797,000 barrels per day. This is down 0.99% vs. last week and down 10.65% vs. last year. Total ethanol production for the week was 5.579 million barrels. Corn used in last week’s production is estimated at 83.69 million bushels, down from 84.525 the week prior. This crop year’s […]

Continue Reading
Corn Cob

EIA Ethanol Production Report Update

At first glance, the EIA Ethanol Production report appeared bullish due to the modest jump in production week/week. Looking closer at the numbers, it’s anything but that.  Ethanol production for the week ending February 15th averaged 797,000 barrels per day, up 1% vs. last week but down 13.3% vs. last year. Total ethanol production for […]

Continue Reading
Corn Cob

Funds, Banks….and Corn

Discussion in the corn market so far this week has centered on the likelihood that a European bank or funds were liquidating positions amid criticism of speculation on food prices and a rotation of money out of commodities and into equities.  While this certainly may be playing a small role, the rise in open interest and […]

Continue Reading

The Hightower Report
141 W. Jackson
Suite 4002
Chicago, IL 60604
Phone: 312-786-4450 | 800-662-9346
Fax: 312-786-4451