Ethanol Blog

Tuesday 07/08/14

EIA: Ethanol Production Hit Record

OAKHURST, N.J. (DTN) -- Domestic ethanol production in June averaged 949,000 bpd, the highest monthly level of the year, the Energy Information Administration reported Tuesday. Production for the period profiled also included the highest weekly level ever recorded at 972,000 bpd for the week-ended June 13.

The agency revised higher its ethanol production forecast for this year to 932,000 bpd from 920,000 bpd in June's STEO, while also increasing its forecast for 2015 to 940,000 bpd from 935,000 bpd a month ago.

Biodiesel production, which averaged 89,000 bpd in 2013, is forecast to average 80,000 bpd this year, 1,000 bpd below month prior estimates. In 2015, biodiesel production is expected to average 84,000 bpd, unchanged from June's forecast.

(CZ)

Posted at 1:41PM CDT 07/08/14
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