Ethanol and DDGS Supply Rises Despite Lower Gasoline Supply

Ethanol production climbed for the second straight week and six of the past five weeks.  DDGS output improved as ethanol production increased 10,000 barrels per day to a 975 thousand-barrel-per-day average during the week ending April 2, 2021.  Weekly ethanol output was one percent above the prior week and 45 percent over levels seen at this time last year when the pandemic began to grind transportation to a halt. DDGS output was 951 MT per day above last week and 28,818 MT’s per day over production from a year ago. 

Gasoline supply declined 2.2 percent but was 73 percent over 2020 levels for the same period. Ethanol stocks declined fractionally to 20.6 million barrels and were 24 percent lower than a year ago. Imports of sugarcane ethanol were absent on the West…