The latest U.S. Department of Energy monthly oxygenate output report for July, released October 2, reported U.S. ethanol output increased to a new record 548 million gallons, up 21 million for the previous month. The daily rate of production, up 3,000 barrels to 421,000 BPD, was also a new record pace for output. However, U.S. ethanol plant capacity utilization dropped another 1.7% to 101.8% during July, a similar drop to June, as ethanol prices began an early seasonal decline.
For the full report view the PDF below.