U.S. ethanol production moved higher last week, the fourth week in a row with a gain.
The U.S. Energy Information Administration says production averaged 1.033 million barrels a day, up 17,000 on the week for the highest average since late July, supported by good domestic demand and positive margins for most producers.
However, that average was down 73,000 barrels on the year with industry uncertainties about gasoline prices and a possible railroad strike which would impact movement keeping a cap on production.
