Ethanol Production Ramps Up After Labor Day Frenzy

U.S. ethanol production is ramping up in tandem with falling stock prices. The U.S. Energy Information Administration says 1.039 million barrels were produced per day, an increase of 27,000 barrels from the previous week and a 76,000-barrel climb year over year. According to Iowa State’s Center for Agricultural and Rural Development, lower corn prices and solid demand are driving the production frenzy.

Ethanol demand over Labor Day was stronger than expected and dipped supplies to its lowest levels since December 2021. Ethanol exports averaged 68,000 barrels per day, a drop from 14,000 the week prior.

Read more on the U.S. ethanol industry here.