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January 2006

 January 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 December 2004 December 2005 % Change
Corn 2.04 1.88
-8%
Soybean 5.45 5.71 5%
Fuel Supply December 2004 December 2005 % Change
Percent Refinery Utilization 89.1 94.0 5.53%
Production by Product - Finished Motor Gasoline (Million Barrels) 8,801.3 9,029.3 2.59%
Stocks - Finished Motor Gasoline (Million Barrels) 134.9 141.9 5.19%
Imports - Total Motor Gasoline (Million Barrels) 1,032.8 837.8 -18.88%
Oxygenate Production October 2004 October 2005 % Change
Ethanol Production
(Million Barrels)
226 269 15.99%
MTBE Production
(Million Barrels)
142 108 -31.48%

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