Weekly ethanol average below a million barrels a day

U.S. ethanol production last week averaged 986,000 barrels a day, the first time since late October of last year the average has been below a million.

Industry profit margins are good and there’s plenty of corn available at relatively low prices, but many plants do maintenance in early spring and stocks did hit a record high earlier this month.

Stocks backed off from that record high, down about 800,000 barrels on the week to 22.903 million, according to the U.S. Energy Information Administration.

Email this to someoneShare on FacebookTweet about this on TwitterShare on Google+Print this page

Add Comment

Your email address will not be published.


stay up to date

Subscribe for our newsletter today and receive relevant news straight to your inbox!