Ethanol production and stocks grew last week.
The U.S. Energy Information Administration says ethanol production averaged 1.081 million barrels a day, up 9,000 on the week as several plants prepared for a holiday related slowdown this week. That matches the second highest weekly rate of production this year.
Stocks hit a six-week high, up 1.277 million barrels to 22.844 million, with a slight decrease in blending demand during the surveyed week.
Continue reading Ethanol stocks at multi-week high at Brownfield Ag News.
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