Biofuel Blending Advantage
Under current EPA summer-grade waivers, ethanol is the most economical way for blenders to meet octane targets. This has triggered a wave of procurement that is currently outpacing weekly production.
Feedstock Impact
Stability in the corn market is allowing ethanol producers to capture attractive margins. This is encouraging high run-rates at ethanol plants, helping to keep the market well-supplied despite the demand surge.