U.S. ethanol production has declined for seven consecutive weeks.
The U.S. Energy Information Administration says production averaged 933,000 barrels a day, the lowest weekly average since March, down 40,000 barrels on the week and only up 2,000 on the year, when production was limited by demand uncertainties linked to COVID-19.
The Renewable Fuels Association says net inputs by refiners and blenders and the volume of gasoline support to the market were both above week ago and year ago levels.