The Renewable Fuels Association (RFA) announced Wednesday that the U.S. ethanol industry set an all-time monthly production record in June of 222,000 barrels per day (b/d), according to data released by the U.S. Energy Information Administration (EIA). June was the ninth consecutive all-time monthly production record. Production was up nearly 23 percent compared to last June when 181,000 b/d of ethanol were produced.
The ethanol industry is expected to produce more than 3.3 billion gallons in 2004, up from 2.81 billion gallons in 2003. Currently, 81 ethanol plants have the capacity to produce more than 3.4 billion gallons annually. Ten additional plants are under construction.
Source: Wisconsin Ag Connection Sept. 09, 2004.