Trough Deepens in Fuel Ethanol Production, Says U.S. Energy Information Administration

Ethanol production in the United States fell by nearly 3% last week, leaving weekly ending stocks of fuel ethanol 1.5% lower when compared to the previous week, according to data released by the U.S. Energy Information Administration on Wednesday, Sept. 30.

The decline represented a deepening of a production trough that has persisted since the last week of July.

Production averaged 881,000 barrels per day for the week ending Sept. 25, down from 906,000 barrels per day the preceding week.

Weekly U.S. ethanol ending stocks dropped to 19.691 for last week, down from 19.997 million barrels for the previous week and 19.798 million barrels the week before that.