In Washington, the RFA’s Geoff Cooper reports that, according to EIA data, ethanol production averaged 824,000 barrels per day – or 34.61 million gallons daily. That is down 3,000 b/d from the week before. The 4-week average for ethanol production stood at 819,000 b/d for an annualized rate of 12.56 billion gallons. Overall, gasoline demand for the week averaged 374.1 million gallons daily, and daily ethanol production was 9.25% of that overall supply pool. Refineries also produced 91,961 metric tons of livestock feed, and 4.29 million pounds of corn oil daily.
More background on the story from the Digest
Category: Producer News