**EIA Fuel Ethanol Production change (w/e 12/19): -36,000 bbl/day to 1.095 mln bbl/day **EIA Fuel Ethanol Stocks change (w/e 12/19): +0.2 mln bbls to 22.5 mln bbls; pct change +0.8%

**EIA Fuel Ethanol Stocks change (w/e 12/26): +416,000 bbls to 22.944 mln bbls; pct change 1.8% **EIA Fuel Ethanol Production change (w/e 12/26): +25,000 bbl/day to +1,120,000 mln bbl/day

You just can’t make this up. Cramer’s Inverse portfolio beat Nancy Pelosi’s portfolio in 2025.

Ethanol production down -2%, stocks up +3% 1098/23.7

**USDA January US Corn 25/26 Carryout: 2.227 bln bu; expected 1.990 bln bu; prior rpt = 2.029 **USDA US 2025 Final Corn Production: 17.021 bln bu.; expected 16.550 bln bushels; prior rpt 16.752 **USDA US 2025 Final Corn Yields: 186.5 bpa; expected 184.0 bpa; prior rpt 186.0

**USDA January US Soybean 25/26 Carryout: 0.350 bln bu; expected 0.290 bln bu; prior rpt = 0.290 **USDA US 2025 Final Soybean Production: 4.262 bln bu.; expected 4.230 bln bushels; prior rpt 4.253 **USDA US 2025 Final Soybean Yields: 53.0 bpa; expected 52.7 bpa; prior rpt 53.0

**EIA Fuel Ethanol Stocks change (w/e 01/09): +821,000 bbls to 24.473 mln bbls; pct change 3.5% **EIA Fuel Ethanol Production change (w/e 01/09): +98,000 bbl/day to +1,196,000 mln bbl/day RECORD

**EIA Fuel Ethanol Stocks change (w/e 01/16): +1,266,000 bbls to 25.739 mln bbls; pct change 5.2% **EIA Fuel Ethanol Production change (w/e 01/16): -77,000 bbl/day to +1,119,000 mln bbl/day

**EIA Fuel Ethanol Stocks change (w/e 01/23): -339,000 bbls to 25.4 mln bbls; pct change -1.3% **EIA Fuel Ethanol Production change (w/e 01/23): -5,000 bbl/day to +1,114,000 mln bbl/day

Fed Funds hold rate unchanged

Let's go! #soybeans

**EIA Fuel Ethanol Stocks change (w/e 01/30): -264,000 bbls to 25.136 mln bbls; pct change -1.0% **EIA Fuel Ethanol Production change (w/e 01/30): -158,000 bbl/day to +956,000 mln bbl/day

**USDA February US Corn 25/26 Carryout: 2.127 bln bu; expected 2.230 bln bu; prior rpt = 2.227 **USDA Feb US Soybean 25/26 Carryout: 0.350 bln bu; expected 0.347 bln bu; prior rpt = 0.350 **USDA Feb US Wheat 25/26 Carryout: 0.931 bln bu; expected 0.920 bln bu; prior rpt = 0.926

**WASDE Feb World 25/26 Wheat Carryout: 277.51 mmt; expected 278.20 mmt; prior rpt = 278.25 **WASDE Feb World 25/26 Corn Carryout: 288.98 mmt; expected 290.50 mmt; prior rpt = 290.91 **WASDE Feb World 25/26 Soybean Carryout: 125.51 mmt; expected 125.30 mmt; prior rpt = 124.41

feedstuffs.com/grain-market-n…

Trends in the Operational Efficiency of the U.S. Ethanol Industry: 2025 Update farmdocdaily.illinois.edu/2026/02/trends…

**EIA Fuel Ethanol Stocks change (w/e 02/13): +341,000 bbls to 25.588 mln bbls; pct change 1.4% **EIA Fuel Ethanol Production change (w/e 02/13): +8,000 bbl/day to +1,118,000 mln bbl/day

Exclusive: Trump EPA to shift at least half of waived biofuel obligations to big refiners, sources say reuters.com/sustainability…

At Commodity Classic, analysts say a slower rollout of EPA’s pending RVO decision, or even delayed clarity, could leave spring planting decisions hanging in the balance. agweb.com/news/crops/rvo…

**EIA Fuel #Ethanol Production change (w/e 02/27): -17,000 bbl/day to 1,095,00 mln bbl/day **EIA Fuel Ethanol Stocks change (w/e 02/27): +69,000 bbls to 26.3. mln bbls Export 217 vs 141 last week