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February 2006

 February 2006


The Grain Prices graph shows the cost of soybeans, the main biodiesel feedstock, and corn, the main ethanol feedstock. The tables show actual grain prices, indicators which may affect gasoline prices, and the production of ethanol. Fuel Prices come from OPIS Ethanol and Biodiesel Report. Ethanol and RBOB Unl New York spot prices and Biodiesel Rack, Chicago, January 2006.
Fuel Grain Prices
Fuel Prices
Grain Prices January 2005 January 2006 % Change
Corn 2.12 1.96
-8%
Soybean 5.57 5.51 -1%
Fuel Supply January 2005 January 2006 % Change
Percent Refinery Utilization 92.0 86.4 -6.14%
Production by Product - Finished Motor Gasoline (Million Barrels) 8,471.5 8,629.8 1.87%
Stocks - Finished Motor Gasoline (Million Barrels) 143.7 140.0 -2.58%
Imports - Total Motor Gasoline (Million Barrels) 647.3 1,015.8 56.93%
Oxygenate Production November 2004 November 2005 % Change
Ethanol Production
(Million Barrels)
232 275 15.64%
MTBE Production
(Million Barrels)
132 118 -11.86%

Data Sources:
U.S. DOE-Energy Information Administration, "Weekly Petroleum Status Report", "Monthly Oxygenate Report"
USDA-National Agricultural Statistics Service, "Agricultural Prices," "Grain Stocks"