June Ethanol Production Lower

Ethanol production for June ended lower at 736,848,000 gallons compared to 778,806,000 gallons in May.

Hysteria over flooding in the midwest sent corn prices to record highs during June which hurt ethanol producer profits and delayed the opening of some plants. Better weather and favorable crop reports have since caused corn prices to slide from almost $8.00 per bushel reached in June to the current price of under $6.00 per bushel.

June 2008 - 736,848,000 gallons
May 2008 - 778,806,000 gallons
April 2008 - 708,456,000 gallons
March 2008 - 730,674,000 gallons
February 2008 - 631,050,000 gallons
January 2008 - 664,356,000 gallons
December 2007 - 636,762,000 gallons
November 2007 - 602,592,000 gallons
October 2007 - 588,756,000 gallons

January 2007 - 488,082,000 gallons

Source: - Energy Information Administration