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Correction: US Weekly Ethanol Production Dropped, EIA

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(Corrects US weekly ethanol figures throughout to reflect data for week ended May 22.)

US weekly ethanol production dropped, according to the US Energy Information Administration report on Thursday.

For the week ending May 22, US ethanol production averaged 1.09 million barrels per day, below last week's 1.11 mmb/d and above last year's 1.06 mmb/d.

The four-week average output at 1.08 mmb/d was above 1.03 mmb/d during the same time last year.

Midwest ethanol production averaged 1.04 mmb/d, below 1.06 mmb/d in the previous week. Four-week average output at 1.02 mmb/d, compared with 970,000 b/d a year ago.

Domestic ethanol inventories ended the week at 25 million barrels, above 24.9 mmbbls a week ago and 24.3 mmbbls a year ago.

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