U.S. ethanol production and stocks declined last week.
The U.S. Energy Information Administration says production averaged 1.042 million barrels a day, down 25,000 on the week as margins continues to weigh on the industry, even as it anticipates improved demand with the implementation of year-round E15 use.
Stocks dropped 723,000 barrels to 22.791 million.
The USDA expects record corn for ethanol use this marketing year.
Continue reading Ethanol stocks, production decline at Brownfield Ag News.
