Ethanol Production Hits Four-Month Low

by | Feb 11, 2022 | Ag News, Indiana Agriculture News, News Feed

The Energy Information Administration says ethanol production plunged to its lowest level in four months during the week ending February 4.

Production dropped under one million barrels a day, finishing the week with an average of 994,000 barrels. That’s down from 1.041 million barrels a day during the previous week and the lowest level since the week ending on October 1, 2021.

The nation’s largest-producing region is the Midwest, where output dropped to an average of 939,000 barrels a day from the 981,000 during the prior week. That’s the lowest production level in the Midwest since last October.

Gulf Coast production declined by 20,000 barrels a day, while the Rocky Mountain region stayed steady at 15,000 barrels a day. The East Coast region was the only one to increase, averaging 12,000 barrels a day, up from 11,000 the previous week.

Ethanol inventories during the week ending on February 4 declined to 24.79 million barrels.

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