Production of fuel ethanol in the United States stayed above 1 million barrels for the fifth consecutive week but was virtually unchanged from the week before, according to data released by the U.S. Energy Information Administration on Wednesday, Nov. 10.
Production averaged 1,039,000 barrels per day for the week ending Nov. 5 compared to 1,107,000 barrels per day the week before.
This represents a decrease of less than 1% and first decline since September.
Meanwhile, weekly U.S. ethanol ending stocks grew a bit, rising to 20.286 million barrels from 20.129 million barrels week-to-week.
This represents an increase of less than 1%.