Weekly U.S. Ethanol Production Plunge Last Week

Despite the drop in output, the US ethanol stocks were reported at 25.815 million barrels, a 0.5% increase.

The US weekly average ethanol production plunged 22% during the polar vortex of the Jan 12-19 period in the US, twice as large as expected.

This week’s US pace was lower than last year’s 2 lowest rates during 2022/23. This might be the lowest weekly pace since the Covid year of 2020.

Despite the drop in output, the US ethanol stocks were reported at 25.815 million barrels, a 0.5% increase.

The cold weather must have frozen up both the trains and plant workers it seems.

A bounce back is expected ahead for output and drop in stocks. 


More By This Author:

Low Fall Prices And Dryness May Lower US WW Plantings Further
U.S. Fall Corn Demand Is Up, But 2023’s Hefty Crop Jumps Stocks
US Fall Exports Dip, But December Stocks May Slip On Lower 2023 Crop

Comments