News

Ethanol production, supply below a week ago

Ongoing seasonal plant maintenance continues to impact U.S. ethanol production.

The U.S. Energy Information Administration says production averaged 970,000 barrels a day, the third week in a row below a million barrels and down 17,000 on the week, but up 65,000 on the year.

Production staying above those year ago levels might be a sign some plants are delaying that maintenance to take advantage of the solid margins.

The Renewable Fuels Association says net inputs by ethanol refiners and blenders fell 1.9% to a five-week low, with the volume of gasoline supplied to the market dipping 1.4%.

The domestic supply was reported at 23.533 million barrels, a decrease of 274,000 from the previous week, but an increase of 2.423 million from this time last year.

The RFA says ethanol imports into the West Coast averaged 36,000 barrels a day.