Weekly Ethanol Production

Production was down fractionally from last week at 995 thousand barrels per day, but this isn’t unusual.

If you look at our lines, many of the years previously, we’ve seen a reduction in the late March through early May timeframe when many plants are taking some Spring downtime.

We do suspect that as we move towards May and June-July that our ethanol production will increase seasonally, and we are on track to reach USDA current corn use estimate.

Our year-to-date ethanol production is up 9.7% from a year ago, USDA is estimating that corn use will be up 6.8%.