US Ethanol Production Down 7,000 Barrels Per Day

In Washington, according to EIA data as analyzed by the Renewable Fuels Association, US ethanol production averaged 1.007 million barrels per day (b/d)―or 42.29 million gallons daily. That is down 7,000 b/d from the week before. The four-week average for ethanol production increased to 1.007 million b/d for an annualized rate of 15.44 billion gallons.

Stocks of ethanol contracted to 21.2 million barrel, a 1.9% decrease from last week and a 25-week low. There were zero imports recorded for the ninth week in a row. Average weekly gasoline demand increased 0.8% to 411.0 million gallons (9.786 million barrels) daily. This is equivalent to 150.0 billion gallons annualized. Refiner/blender input of ethanol decreased 1.9% to 927,000 b/d, equivalent to 14.21 billion gallons annualized. Year-to-date average ethanol blending rates are running 1.5% above the same period last year. Expressed as a percentage of daily gasoline demand, daily ethanol production decreased to 10.29%, the second-lowest rate of the year.