Ethanol production averaged 1.062 million barrels per day (bpd) during the week ended Jan. 5, up 13,000 bpd from the previous week and 119,000 bpd (12.6%) from last year. The reporting period included the final days of December, which was a strong month for ethanol production. Based on our calculations, December ethanol production was the strongest for any month since October 2021. With production margins remaining positive and the first days of the new year off to a strong start, January should be another big month unless there are major weather disruptions. Start a 1-month, $1 Pro Farmer trial membership to get more market news, insights and recommendations - sign up here.
Ethanol Production Remains Strong
Ethanol production averaged 1.062 million barrels per day (bpd) during the week ended Jan. 5, up 13,000 bpd from the previous week.
(Farm Journal)
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