Per the Renewable Fuels Association’s analysis of EIA data, U.S. ethanol production for the week ending April 18, rose 2.1% to 1.03 million barrels per day (b/d), or 43.39 million gallons daily, up 8.3% from last year and 7.5% above the three-year average. While higher than the previous two weeks, the four-week average production dipped 0.5% to 1.03 million b/d, equating to 15.86 billion gallons annually.

Ethanol stocks fell 5.0% to a 14-week low of 25.5 million barrels, down 1.0% from last year but 3.3% above the three-year average, with declines across all regions. Gasoline supplied to the market, a demand indicator, jumped 11.3% to 9.41 million b/d (144.71 billion gallons annualized), the highest since October 2024, up 11.8% year-over-year and 5.9% above the three-year average.

Refiner/blender ethanol inputs increased 2.1% to a 25-week high of 921,000 b/d (14.16 billion gallons annualized), 2.4% above last year and 3.0% over the three-year average. Ethanol exports dropped 45.3% to 75,000 b/d (3.2 million gallons/day), with no imports reported for over a year.