Average daily U.S. ethanol production has held above a million barrels for 17 consecutive weeks.
The U.S. Energy Information Administration says production last week averaged 1.073 million barrels, up 1,000 from the previous week. The industry continues to respond to export and domestic demand expectations, including the possibility of year-round E15 use.
Stocks climbed for the fourth week in a row, up 242,000 barrels to 23.259 million.
Corn for ethanol use remains on pace to meet or exceed USDA projections for the current marketing year, which ends August 31st.
Continue reading Ethanol production stays near recent highs at Brownfield Ag News.
