Ethanol stocks hold steady at seven-month lows

In Washington, DTN reports that Energy Information Agency data shows ethanol stocks through the end of April remained at 7-month lows of around 22.695 million barrels. Both the Midwest producing region and Gulf Coast exporting region saw their stocks fall while the West Coast and East Coast both saw stock builds, keep supplies steady. Ethanol production has begun to ease off from 14-week highs seen the prior week at 1.024 million barrels per day, down nearly 4% on the year.