U.S. ethanol stocks hit a record high last week.
The U.S. Energy Information Administration says domestic supplies hit 23.8 barrels, up 1.057 million on the week and 2.072 million on the year.
Stocks usually build in winter as fuel blending requirements shift and weekly production has held at record or near record levels over the last several months, with corn consumption currently exceeding what’s needed to meet USDA projections.
Continue reading Ethanol stocks hit new all-time high at Brownfield Ag News.
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