NASHVILLE, TN – Ethanol production rose to a six-week high for the week ending July 25, reaching 1.10 million barrels per day. That’s 1.7% higher than the previous week and 2.1% above the three-year average, according to EIA data analyzed by the Renewable Fuels Association. Though output was slightly below last year’s level, the four-week average now stands at an annualized rate of 16.71 billion gallons.
Stocks climbed to 24.7 million barrels, the highest since mid-May, while gasoline supplied—used to measure fuel demand—rose 2.1% to 9.15 million barrels per day. Blender inputs ticked up slightly, as did ethanol exports, which jumped 42.6% to an estimated 154,000 barrels per day.
For context, U.S. ethanol exports have topped 1 billion gallons just halfway through the 2024/25 marketing year. The USDA expects a record 1.85 billion gallons in exports by year-end. Brazil has recently raised its ethanol blending mandate to 30%, while U.S. refiners challenge the current Renewable Fuel Standard mandates in court. Meanwhile, no ethanol imports have been recorded for over a year.