July 20, 2017

Weekly Ethanol Production 6-21-2017

June 21st, 2017

Weekly ethanol production fell from the previous week’s 1.002 million barrels per day pace to now 990,000. This was still over last year in the same week but only by 2.9%. We now have three weeks in a row of slightly disappointing weekly ethanol production (-0.7%, -1.1%, and +2.9% vs last year). Before these three weeks we were putting out 5% over last year every week.

There is still a bit of cushion we have before production falls enough to consider lower numbers from USDA.

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