US: Ethanol production remained at 1.108 million barrels per day (bpd) last week.

Ethanol production in the United States in the week ending June 5 was 1.108 million barrels per day (bpd), the same volume as the previous week, according to data reported this Wednesday (10) by Energy Information Administration (EIA)Meanwhile, biofuel inventories fell 0.6% last week to 24.452 million barrels. The figures relating to ethanol production in the US are a… an important indicator of domestic demand for corn.This is because the biofuel produced in the United States is manufactured primarily using grain as a raw material.

This text was translated by machine from Brazilian Portuguese.