According to the data from EIA, ethanol production for the week ending 5/13/2011 was 900,000 barrels per day (b/d) – or 37.8 million gallons daily. That is up 38,000 b/d from the week before. The 4-week average for ethanol production stood at 880,000 b/d for an annualized rate of 13.49 billion gallons.
Stocks of ethanol remained at 20.4 million barrels.
Gasoline demand for the week ending 5/13/2011 was 380 million gallons daily. Expressed as a percentage of daily gasoline demand, daily ethanol production was 9.95%.
On the co-products side, ethanol producers were using 13.646 million bushels of corn to produce ethanol and 101,571 metric tons of livestock feed, 89,684 metric tons of which were distillers grains. The rest is comprised of corn gluten feed and corn gluten meal. Additionally, ethanol producers were providing 3.9 million pounds of corn oil daily.