EIA: Ethanol Production Up 21%, Stocks Down 6%, Exports Up 13%

  • Monday, 05 February 2024 08:36

Ethanol Producer Magazine

Jan 31, 2024

U.S. fuel ethanol production was up more than 21% the week ending Jan. 26 after falling to nearly a three-year low the previous week, according to data released by the U.S. Energy Information Administration on Jan. 31. Stocks of fuel ethanol were down 6% and exports were up 13%.

Fuel ethanol production averaged 991,000 barrels per day the week ending Jan. 26, up 173,000 barrels per day when compared to the 818,000 barrels per day of production reported for the previous week. When compared to the same week of last year, production for the week ending Jan. 26 was down 37,000 barrels per day. 

Weekly ending stocks of fuel ethanol fell to 24.27 million barrels the week ending Jan. 26, down 1.545 million barrels when compared to the 25.815 million barrels of stocks reported for the previous week. When compared to the same week of last year, stocks for the week ending Jan. 26 were down 172,000 barrels. 

Exports of fuel ethanol averaged 137,000 barrels per day the week ending Jan. 26, up 16,000 barrels per day when compared to the 121,000 barrels per day of exports reported for the previous week. Data on weekly ethanol exports is not available for the corresponding week of 2023 as the EIA began reporting weekly data on fuel ethanol exports in June 2023. No fuel ethanol imports were reported for the week ending Jan. 26.

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