Ethanol stocks fall to lowest level in 2019

In Washington, DTN reports that Energy Information Administration data shows ethanol stocks have fallen nationwide to their lowest level in 2019 so far at 23.2 million barrels, down 800,000 barrels from the week prior. Ethanol production did tick back up, however, passing 1 million barrels per day for the first time since Midwest floods started shutting down production. East and West Coast regions as well as the Midwest saw stocks decrease as consumption continues on the coasts without additional supplies and product begins to move out of the Midwest region following the floods.