U.S. ethanol production has declined for three weeks in a row, partially due to seasonal maintenance.
The U.S. Energy Information Administration says production last week averaged 954,000 barrels a day, the lowest since mid-January, a decrease of 29,000 on the week and 13,000 on the year.
Iowa State University’s Center for Agricultural and Rural Development says estimated operating margins for the average Iowa plant were just about unchanged from the previous week and below a year ago.
