U.S. fuel ethanol production capacity increased by 3% in 2019

Fuel ethanol production capacity in the United States totaled 17.3 billion gallons per year (gal/y), or 1.1 million barrels per day (b/d), as of January 2020, according to the U.S. Energy Information Administration’s (EIA) 2020 U.S. Fuel Ethanol Plant Production Capacity Report, released on September 25, 2020. Nameplate capacity of operable ethanol plants increased by 3%—470 million gal/y—between January 2019 and January 2020.

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HEDGE accordingly