U.S. ethanol production hit a near six-month high last week.
The U.S. Energy Information Administration says production averaged one million and seventy two thousand barrels a day, up 11,000 barrels on the week, for the highest weekly average since the week ending June 28th.
Stocks grew 1.176 million barrels to 21.815 million, but that’s still 1.095 million barrels below a year ago.
The EPA’s 2020 Renewable Fuel Standard volume obligation is under review by the Office of Management and Budget, with the final rule expected to be made public before the end of the year.
Continue reading U.S. ethanol production, stocks climb at Brownfield Ag News.
