NEWS
Tue Sep 10, 2013 12:01 PM CDT

OAKHRUST, N.J. (DTN) -- In its Short-term Energy Outlook released Tuesday, the Energy Information Administration revised lower its forecast for ethanol production going forward, though output continues to recover from 2012 levels.

EIA forecasts ethanol production would increase to an average 890,000 barrels per day (bpd) in 2014, down from the 920,000 bpd forecast a month ago but up from 2012 levels. Smaller corn harvests due to widespread drought resulted in U.S. fuel ethanol production falling from an average of approximately 900,000 bpd, or 13.8 billion gallons per year, in the first half of 2012 to 820,000 bpd, or 12.6 ...

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