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·¬ÇÑÀÖÔ°appAg NewsEthanol Output Falls to Three-Month Low

Ethanol Output Falls to Three-Month Low

The Energy Information Administration says ethanol production dropped to its lowest level in almost three months, and inventories declined during the week ending on January 24.

Output declined to an average of 1.015 million barrels a day. That’s down from 1.099 million the previous week and the lowest level since the week that ended on September 27. The EIA says Midwest production plunged to an average of 964,000 barrels a day, down from 1.042 million the week before. That’s also the lowest level since September. Gulf Coast output dropped to 19,000 barrels a day from 24,000 barrels a week earlier. That’s the entirety of the losses because the remaining three regions’ production was unchanged.

East Coast and Rocky Mountain output were both steady at 11,000 barrels a day, while West Coast production averaged 10,000 barrels. Ethanol inventories were down to 25.72 million barrels. That’s down from 25.8 million the previous week.

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