U.S. ethanol stocks moved to near one-year lows last week. The U.S. Energy Information Administration says supplies dipped 189,000 barrels to 21.613 million because of increased blending demand following the official announcement of year-round E15 availability. Production averaged 1.081 million barrels a day, down 15,000 from the week before. The USDA’s next corn for ethanol use estimate is out July 11th.
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