Bloomberg News

Ethanol Output in U.S. Fell 3% to 809,000 Barrels a Day

September 26, 2012

Ethanol production in the U.S. fell 3 percent to 809,000 barrels a day last week, the lowest level in eight weeks.

Output tumbled the most since July 6 while stockpiles declined by 0.3 percent to 19.3 million barrels, 11 percent higher than a year earlier, the Energy Department said in a report today.

Imports averaged 72,000 barrels a day compared with 58,000 the previous week.

Conventional gasoline blended with ethanol climbed 2.2 percent to 5.3 million barrels a day.

Denatured ethanol for October delivery fell 2.8 cents, or 1.2 percent, to $2.235 a gallon at 10:42 a.m. on the Chicago Board of Trade. Prices have gained 1.5 percent this year.

To contact the reporter on this story: Mario Parker in Chicago at mparker22@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net


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