US ethanol production drops, annual rate just below 15 billion gallon clip

July 26, 2015 |

In Washington, according to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 973,000 barrels per day (b/d)—or 40.87 million gallons daily. That is down 11,000 b/d from the week before. The four-week average for ethanol production stood at 978,000 b/d for an annualized rate of 14.99 billion gallons. Stocks of ethanol stood at 19.6 million barrels. That is a 0.9% decrease from last week.

Imports of ethanol were zero b/d for the 28th time in 29 weeks. Gasoline demand for the week averaged 409.5 million gallons daily, the second-highest weekly rate ever. On an annualized basis, last week’s gasoline demand equated to 149.5 billion gallons. Refiner/blender input of ethanol averaged 897,000 b/d. Expressed as a percentage of daily gasoline demand, daily ethanol production was 9.98%.

On the co-products side, ethanol producers were using 14.753 million bushels of corn to produce ethanol and 108,590 metric tons of livestock feed, 96,809 metric tons of which were distillers grains. The rest is comprised of corn gluten feed and corn gluten meal. Additionally, ethanol producers were providing 5.72 million pounds of corn distillers oil daily.

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