US ethanol production reaches annualized rate of 13.4 billion gallons

In Washington, the Energy Information Administration reported that ethanol production averaged 878,000 barrels per day (36.9 million gallons).  The RFA comments that production is up 4,000 barrels per day from last week, and that the 4-week average for ethanol production stands at 874,000 b/d, for an annualized rate of 13.4 billion gallons. Stocks of ethanol stood at 18.9 million barrels.