Ethanol Production Down, Ending Stocks Virtually Unchanged, According to the U.S. Energy Information Administration

Production of fuel ethanol was down 1.5%, leaving ending stocks virtually unchanged in the United States last week, according to data released by the U.S. Energy Information Administration on Wednesday, Nov. 18.

The numbers indicate that a production trough that began in July persists.

Production averaged 962,000 barrels per day for the week ending Nov. 13 compared to 977,000 barrels per day the preceding week.

Weekly U.S. ethanol ending stocks grew slightly to 20.203 million barrels, up from 20.159 million barrels for the week before.