Feed Stuffs is part of the Global Exhibitions Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

ethanol plant with corn field in the front Jim Parkin iStock

Ethanol production rises to largest volume in weeks

Four-week average still 1.8% lower than year-ago levels.

According to Energy Information Administration data analyzed by the Renewable Fuels Assn. (RFA), ethanol production for the week ended Jan. 11 pressed 5.1% higher to the largest volume in six weeks, at an average of 1.051 million barrels per day (b/d), or 44.14 million gal. daily. The four-week average for ethanol production rose fractionally to 1.026 million b/d, for an annualized rate of 15.73 billion gal., but was still 1.8% lower than the level a year ago.

Stocks have edged 0.1 million barrels higher for three straight weeks, settling most recently at 23.4 million barrels.

Zero imports were recorded for the ninth week in a row, RFA noted.

Average weekly gasoline supplied to the market pulled back 1.9% to 8.565 million b/d (359.7 million gal. per day), equivalent to 131.30 billion gal. annualized and the lowest level since February 2017. Refiner/blender input of ethanol rebounded 5.8% (up 47,000 b/d) to 862,000 b/d — equivalent to 13.21 billion gal. annualized.

Given the lackluster volume of gasoline supplied to the market, RFA said daily ethanol production increased to a 58-week high of 12.27% of daily gasoline supplied.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish