Here is the weekly ethanol production data for the week ending 8/22/2014.
According to EIA data, ethanol production averaged 913,000 barrels per day (b/d)—or 38.35 million gallons daily. That is down 24,000 b/d from the week before. The four-week average for ethanol production stood at 921,000 b/d for an annualized rate of 14.12 billion gallons.
Stocks of ethanol stood at 17.3 million barrels. That is a 5.1% decrease from last week and a 14-week low. It also represented the largest week-to-week percent change in stocks since a 5.6% build during the week ending 1/17/2014. Stocks were under the 20-day supply mark for the first time since late May.
Imports of ethanol were zero b/d for the fourth straight week.
Gasoline demand for the week averaged 382.2 million gallons daily.
Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.03%.
On the co-products side, ethanol producers were using 13.843 million bushels of corn to produce ethanol and 101,279 metric tons of livestock feed, 90,224 metric tons of which were distillers grains. The rest is comprised of corn gluten feed and corn gluten meal. Additionally, ethanol producers were providing 5.37 million pounds of corn distillers oil daily.
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