* U.S. ethanol production slips 3.4 pct to 841,000 bpd
* U.S. weekly ethanol stocks rise 1.6 percent
By Carey Gillam
KANSAS CITY, Mo., Sept 28 U.S. ethanol
production slipped 3.4 percent last week and stocks rose more
than 1 percent as fall maintenance of U.S. plants eroded output
to the lowest level seen over the last year.
The Energy Information Administration said on Wednesday
that U.S. ethanol production totaled 841,000 barrels per day in
the seven days to Sept. 23, down 30,000 barrels per day from
the previous week and the lowest point output since the week
ended Sept. 24, 2010.
"Pre-harvest maintanence is going into crescendo phase,"
said Linn Group analyst Jerrod Kitt.
Kitt said a harvesting delay for the new U.S. corn crop
also was a contributing factor.
"I would also wager the bin bottoms are getting mighty bare
at some facilities," said Kitt.
Graphic of weekly ethanol production:
Weaker exports and reduced gasoline demand, which is blended with ethanol,
contributed to a rise in ethanol stocks. Stocks climbed 1.6 percent to 17.4
million barrels over the last week, the EIA said in its weekly report.
Ethanol futures on the Chicago Board of Trade ZEc1 were
lower on Wednesday, with the spot month down 0.046 to $2.531
(Reporting by Carey Gillam; Editing by David Gregorio)