U.S. ethanol production last week hit a new 16-month low. The U.S. Energy Information Administration says production averaged 967,000 barrels a day, a drop of 45,000 on the week, for the lowest weekly average since early October 2017.
The industry continues to be concerned about margins, while waiting for clarity on year-round E15 availability and potential policy changes at the EPA.
Stocks were down 33,000 barrels from the previous week at 23.947 million.
Continue reading Ethanol production dives to more than one year low at Brownfield Ag News.
