July 2015, Vol. 242, No. 7

Web Exclusive

Ethanol Production May Be Approaching 'Blend Wall'

It’s onward and stubbornly upward for the U.S. ethanol industry, which shows little sign of slowing after a record year in 2014. Weekly ethanol production matched its record high in the first week of June, equaling output from the week ending December 19, 2014. At 992,000 bpd, production is up 20,000 bpd from last week and more than 100,000 bpd since the beginning of May. Federal mandates like the Renewable Fuel Standard (RFS) – enacted in 2005 and expanded in 2007 – have turned the fuel additive into a $40 billion industry. Buoyed by high exports – up 3% from 2013 – ethanol production totaled more than 14.3 billion gallons in 2014. For its part, corn also had

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