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US ethanol average daily production rises to six-week high

EIA reported that US average daily ethanol production increased versus the prior week, reaching its highest level in six weeks.

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03:12:52 PM UTC
SquawkNews
By Kirk Maltais Average daily production of ethanol in the U.S. rose from the prior week, making it the first week in the past six that average ethanol production has been higher versus the week before. In its weekly report published Wednesday, the Energy Information Administration said average daily ethanol production was 1.053 million barrels a day for the week ended Oct. 2. That's up 46,000 barrels a day from the prior average, landing on the higher end of forecasts from analysts surveyed by Dow Jones this week. Ethanol inventories were 23.73 million barrels, which is down 122,000 barrels from the previous week. Surveyed analysts had anticipated inventories to be between 23.37 million and 24.6 million. CBOT corn futures are down in morning trade, with corn down 1%, wheat down 1.8% and soybeans down 0.4%. To see related data, search "U.S. DOE Oil Data: PADD Breakdown" in Dow Jones NewsPlus. Write to Kirk Maltais at kirk.maltais@wsj.com (END) Dow Jones Newswires October 07, 2026 11:06 ET (15:06 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.