U.S. ethanol production declined last week, while supplies grew.
The U.S. Energy Information Administration says production averaged 1.031 million barrels a day, down 20,000 from the previous week’s multi-month high, but above the four-week average of 1.023 million barrels a day. The industry continues to grapple with mostly negative margins, while waiting for more details on year-round E15 availability and watching for new export demand.
Stocks were up 150,000 barrels at 23.501 million, the largest supply since the week ending December 14th, 2018.
Continue reading Weekly ethanol production down, stocks up at Brownfield Ag News.
