US: Ethanol production stood at 1.110 million barrels per day last week.

Ethanol production in the United States in the week ending August 28 was 1.110 million barrels per day (bpd), a volume in line with that recorded in the previous week (1.112 million barrels), according to data reported this Wednesday (2) by Energy Information Administration (EIA)Biofuel inventories fell 0.7% to 25.035 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.