U.S. ethanol production finished the week of October 29 just shy of the all-time record 1.108 million b/d produced the week ending Dec. 1, 2017.

According to EIA data analyzed by the Renewable Fuels Association ethanol production edged higher by 2,000 barrels per day (b/d), or 0.1%, to 1.107 million b/d, or 46.49 million gallons daily. Production was 15.2% above the same week last year, which was affected by the pandemic, and 9.2% above the same week in 2019. The four-week average ethanol production volume increased 3.0% to 1.085 million b/d, equivalent to an annualized rate of 16.63 billion gallons (bg).

Ethanol stocks grew 1.0% to 20.1 million barrels, 2.3% above the year-ago level but 8.0% lower than the same week in 2019. Imports were back to zero for the week.