US ethanol production dips, but remains at over 15 billion gallon annual pace

In Washington, according to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 984,000 barrels per day (b/d)—or 41.33 million gallons daily. That is down 3,000 b/d from the week before. The four-week average for ethanol production stood at 983,000 b/d for an annualized rate of 15.07 billion gallons. Stocks of ethanol stood at 19.7 million barrels. That is a 0.5% decrease from last week. Imports of ethanol were zero b/d for the 27th time in 28 weeks. Gasoline demand for the week averaged 395.0 million gallons daily. Refiner/blender input of ethanol averaged 881,000 b/d.

Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.46%. On the co-products side, ethanol producers were using 14.920 million bushels of corn to produce ethanol and 109,817 metric tons of livestock feed, 97,903 metric tons of which were distillers grains. The rest is composed of corn gluten feed and corn gluten meal. Additionally, ethanol producers were providing 5.79 million pounds of corn distillers oil daily.

More on the story.