AMIS > Market monitor > Ethanol Update

Download the Monitor

AMIS Market Monitor

last release: July 2017

Ethanol Update

  • Ethanol margins increased, but remained negative in June.
  • Ethanol spot and nearby futures prices increased in June, while RBOB gasoline prices decreased, due to declining crude prices. Ethanol futures prices averaged 3 cents higher than gasoline.
  • Domestic maize prices increased during the month, leaving the average maize price 58 cents higher in June. Production costs per gallon were unchanged. Increased ethanol and DDGs receipts increased margins.
  • Prices of DDGs increased 2 cents and remained at a significant discount to the maize price.
  • Ethanol production decreased in June, with an annual pace of 15.4 billion gallons.
  • The U.S. Environmental Protection Agency delayed the release of the preliminary RFS rule for 2018.