Ethanol stocks reach two-year high at 20.631 million barrels

In Washington, ethanol stocks have risen to their highest since December 2012 at 20.631 million barrels, up 240,000 barrels on the week. Stocks have risen consistently for the past five weeks. The Midwest was the only of five regions to see stocks slip rather than gain. The national blending rate is currently at 9.24%.